Netflix (NFLX): Netflix Could Fall 40% - Barrons
Get Alerts NFLX Hot Sheet
Price: $65.85 -1.79%
Rating Summary:
54 Buy, 28 Hold, 4 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 14 | New: 15
Rating Summary:
54 Buy, 28 Hold, 4 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 14 | New: 15
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Over the weekend, Barrons published an article suggesting that Netflix (NASDAQ: NFLX) is "more sizzle than steak, and that sizzle is beginning to fade". The company's vision for over the top programming has been realized but If Netflix shares are to see fresh gains, "Hastings will need a new narrative, a new story to boost sentiment. Otherwise, it’s easy to imagine a drop of 40% or more from here".
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