Netflix price target raised to $760 from $750 at Canaccord

Canaccord analyst Maria Ripps raised the firm’s price target on Netflix (NFLX) to $760 from $750 and keeps a Buy rating on the shares. The firm said they reported solid Q3 results, with net adds coming in well ahead of consensus, revenue slightly above expectations, and operating income solidly ahead of guidance. They noted its content pipeline is starting to heat up while their pricing tiers continue to evolve.