UBS excursions price target for Netflix, says subscriptions pick up in second half of the year

Co-founder and CEO of Netflix Reed Hastings attends a red carpet for the launch of Netflix at Palazzo Del Ghiaccio on 22 October 2015 in Milan, Italy.

Jacopo Raule | .

Netflix subscription growth is ready to accelerate in the second half of the year, and that should push the company’s shares higher, according to UBS.

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