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Netflix (NFLX) Shares Tick to Session Lows Following Wedbush Downgrade

October 10, 2011 11:43 AM EDT
Get Alerts NFLX Hot Sheet
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
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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.


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