Netflix shares rebound after RBC raises price target

Akio Kon | Bloomberg | Getty Images

Reed Hastings, chief executive officer of Netflix Inc.

Investors should buy the recent dip in Netflix shares due to its dominant position in the streaming video market, according to RBC Capital Markets.

Michael Bloom
contributed to this story.

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CBS, XOM, FB, DAL, NAV & moreGerman Chancellor Angela Merkel deliberates with U.S. President Donald Trump during the G-7 summit in Canada on June 9, 2018.