Jefferies Slashes Price Target on Netflix (NFLX)
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Price: $82.18 +0.76%
Rating Summary:
58 Buy, 25 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 9 | New: 21
Rating Summary:
58 Buy, 25 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 9 | New: 21
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Jefferies cut its price target on Netflix (NASDAQ: NFLX) from $265 to $190 following the lower Q3 domestic subscriber outlook.
The firm said the recent price hike, less favorable competitive environment, and its aggressive international raises the risk profile.
For more ratings news on Netflix click here and for the rating history of Netflix click here.
Shares of Netflix closed at $208.71 yesterday.
The firm said the recent price hike, less favorable competitive environment, and its aggressive international raises the risk profile.
For more ratings news on Netflix click here and for the rating history of Netflix click here.
Shares of Netflix closed at $208.71 yesterday.
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