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Netflix (NFLX) PT Lowered to $430 at Goldman Sachs on 'Contraction in Broader Internet Multiples' Ahead of 3Q Report

October 15, 2018 5:59 AM EDT

Goldman Sachs analyst Heath Terry lowered the price target on Netflix (NASDAQ: NFLX) to $430.00 (from $470.00) while maintaining a Buy rating, ahead of the company's third quarter earnings report.

Analyst Terry notes a reduced outlook on shares of NFLX, ahead of the company's third quarter... More