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Notable Analyst Rating Change of the Day 01/28: NFLX, STI, ZION, CMA, FITB, CAT Upgraded; TTEK, ME, KEX, QCOM Downgraded

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    Last Updated: January 29th, 2010

    UPGRADES
    Netflix, Inc. (NASDAQ: NFLX) has been upgraded by a mess of firms:

    • Bank of America Merrill Lynch to Buy, and a price target raise to $70 from $40;

    • Jefferies & Co. to Buy as well, with a price target raised to $65 from $52;
    • Kaufman maintained a Buy rating on NFLX, and upped their price target to $69 from $55. Click Here for more color from Kaufman;
    • Lazard Capital Markets upgrades NFLX to Hold from Sell;
    • Wedbush raises to Neutral from Underperform, and increases their price target to $60 from $50. Click here for more color; and
    • Merriman Curhan Ford upgrades

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