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Wedbush Cuts Netflix (NFLX) to Underperform

November 30, 2011 7:28 AM EST
Get Alerts NFLX Hot Sheet
Price: $564.80 +1.74%

Rating Summary:
    43 Buy, 27 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 12 | New: 13
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Shares of Netflix (NASDAQ: NFLX) are falling in pre-open trade Wednesday as Wedbush's Michael Pachter just downgraded the stock from Neutral to Underperform.

Click here to see some more color on the downgrade.

Pachter downgraded Netflix shares from Outperform to Neutral as recently as October 10th.

After closing at $67.57 Tuesday, Netflix shares are trading down to around $67.06 early Wednesday.

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


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