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Netflix (NFLX) Investors Hit Rewind on Disappointing Q3 Results, Q4 Guidance

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Goldman Sachs Lowers Numbers on Netflix (NFLX) after Q3, Remains on Sidelines

October 24, 2012 8:28 AM EDT

Goldman Sachs weighed in and lowered numbers on Neutral-rated Netflix (NASDAQ: NFLX) following disappointing third quarter results and guidance after the close.

"While we continue to believe Netflix's strong relative value proposition for consumers, growing device ecosystem, and strategic content additions will drive... More