Macquarie Starts Netflix (NFLX) at Underperform, Sees 17% Downside

September 17, 2012 6:40 AM EDT Send to a Friend
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Price: $228.56 --0%

Rating Summary:
    15 Buy, 18 Hold, 10 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 8
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Macquarie initiates coverage on Netflix (NASDAQ: NFLX) with a Underperform rating and downside price target of $50, suggesting 17 percent downside from Friday's close.

For an analyst ratings summary and ratings history on Netflix click here. For more ratings news on Netflix click here.

Shares of Netflix closed at $60.52 yesterday, with a 52 week range of $52.81-$185.40.


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