Netflix Valuation Ranging From $160-$360 On Sell-Side

Netflix, Inc. (NASDAQ:NFLX) has tried to sell investors on the idea that it is the future of television, and whether the stock is over or under-priced depends mostly on whether you believe them. JPMorgan and Wedbush have both increased their price targets on improved revenue guidance and above-consensus results, but they could not disagree more on what those PTs should be: JPMorgan Chase & Co. (NYSE:JPM) increased their target from $340 to $460 while Wedbush pushed theirs from $140 to $160, compared to a stock price of $354.99. Netflix subscriptions Net subscriptions added and revenues beat consensus, driven by successful original content…