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Netflix (NFLX) PT Lowered to $494 at Imperial Capital on Lower Global Subscriber Estimates for FY18 & FY19

August 13, 2018 6:16 AM EDT

Imperial Capital analyst David W. Miller lowered the price target on Netflix (NASDAQ: NFLX) to $494.00 (from $503.00) while maintaining a Outperform rating, following the company's second quarter earnings report last month.

The analyst notes a reduced one-year outlook on the shares, citing a decrease... More