Investors have fallen in love with Netflix (NFLX) again. The online streaming (don't call us a DVD by mail rental service!) giant's shares surged nearly 11% Tuesday after Citigroup analyst Mark Mahaney issued a positive report on the company. Mahaney cited a survey his firm did that showed improving customer satisfaction with Netflix's service.

Is it really possible that Netflix has recovered from the PR nightmare surrounding last year's huge price hike and its failed attempt to rebrand the DVD unit as Qwikster? It appears that way.

This bit of good news for Netflix comes just two days after shares popped after hedge fund manager Whitney Tilson reiterated that he likes the stock.

He even went so far to say that Netflix, which some investors feel is spending too much on content deals and international expansion, could rebound much like Amazon (AMZN) has done in the past few years. Amazon was widely criticized for investing heavily on new products and services but the strategy has yielded big rewards for investors. Shares now trade near an all-time high.

Some users on StockTwits are enthusiastic about the recent signs of life.