UBS: You need to own Netflix

April 13, 2015 4:38 PM

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UBS: You need to own Netflix

Shares of video streamer Netflix (NFLX) are up huge Monday as UBS says it’s a stock you need to own.

Netflix shares gained $27.65, or 6.1%, to $482.47 after UBS analyst Doug Mitchelson says the stock should be worth $565 a share. That’s an astounding proclamation – as it would be 17% potential upside. But it’s also a remarkable call since it’s a 53% increase in his price target. UBS took its recomm...

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