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Analyst: HBO's Streaming Will Boost Netflix

  •, Wednesday, March 27, 2013 2:43 PM

HBO's move toward on-demand streaming -- a "big paradigm shift" -- should be a boost for Netflix, which is "essentially the best in the world, we think, at executing that model," Pacific Crest analyst Andy Hargreaves told CNBC's "Squawk On The Street." "Pacific Crest raised its price target for Netflix to $225 and upgraded its rating to 'outperform' on Tuesday," writes Cadie Thompson.

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