Nasdaq drops for third day on global growth worries

Go back to Nasdaq drops for third day on global growth worries

Buckingham Research Reiterates Underperform on Netflix (NFLX) Following Sell-Off

October 8, 2018 8:17 AM EDT

Buckingham Research analyst, Matthew Harrigan, reiterated an Underperform rating and $305.00 price target on Netflix (NASDAQ: NFLX) following the company's recent sell-off.

Netflix could be especially vulnerable to recent interest rate increases despite mild funding cost effects, given its long-date free cash flow... More