Tech Stocks to Watch: Netflix Inc., (NASDAQ:NFLX), Yahoo! Inc. (NASDAQ:YHOO)

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Netflix Inc., (NASDAQ:NFLX) streaming speeds on Comcast (CMCSA) surged 65% last month versus February after the two companies made a streaming deal, according to The Verge.

Analysts have a consensus price target of $359.71 on Netflix Inc., (NASDAQ:NFLX) which indicates a 6.42% upside. The consensus rating of the stock is a HOLD with a score of 2.26. There are currently 23 Hold Ratings, 4 sell ratings and 15 Buy ratings on the stock.

The most recent analyst action consisted of Oppenheimer upgrading the stock from Market Perform to Outperform on April 7th, 2014.

Vevo, a company owned primarily by Vivendi’s (VIVHY) Universal Music Group, Sony (SNE) Music and Abu Dhabi Media, announced that it has extended its partnership with Yahoo to bring its music videos, live concert events and original programming to Yahoo Screen. Through the deal, viewers can access music programming powered by Vevo on Yahoo Screen in the US and Canada. In the coming weeks, the partnership will extend to UK, Germany, Spain, France and Italy as well as the Yahoo Screen mobile app.

Analysts have a consensus price target of $36.33 on Yahoo! Inc. (NASDAQ:YHOO) which indicates a 9.87% downside. The consensus rating of the stock is a HOLD with a score of 2.48. There are currently 14 Hold Ratings, 16 Buy ratings and 1 Sell ratings on the stock.

The most recent analyst action consisted of Zacks reiterating their neutral rating and $38 price target.

 

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