MORGAN STANLEY: Netflix’s international growth will protect it from the competition (NFLX)

Netflix’s growth continues to explode overseas.
In addition to earnings that beat on both top and bottom line growth, the company on Monday said it added 4.45 million international subscribers, beating both Wall Street and in-house estimates.
Based on these impressive numbers, Morgan Stanley has raised its price target for shares of Netflix to $235 from $225 — 11% above the stock’s price of $200 Tuesday morning.
"Following the strong 3Q17 results and 4Q17 guidance, primarily dr