Netflix (NFLX) Shares Tick to Session Lows Following Wedbush Downgrade
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Price: $556.80 +0.30%
Rating Summary:
43 Buy, 27 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
Rating Summary:
43 Buy, 27 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
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Shares of Netflix (NASDAQ: NFLX) are trading at session lows as the stock was just downgraded in an intraday research note from Wedbush.
The firm now rates Netflix shares a Neutral, down from Outperform previously. Wedbush reduced its price target on the stock from $155 to $110.
Netflix shares are still up nearly 4 percent amid news the company will not separate its streaming and DVD businesses.
For more ratings news on Netflix click here and for the rating history of Netflix click here.
The firm now rates Netflix shares a Neutral, down from Outperform previously. Wedbush reduced its price target on the stock from $155 to $110.
Netflix shares are still up nearly 4 percent amid news the company will not separate its streaming and DVD businesses.
For more ratings news on Netflix click here and for the rating history of Netflix click here.
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