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Benchmark Reiterates Sell Rating on Netflix (NFLX), Says Fair Value under $400 'even in 2021'

July 17, 2020 7:04 AM EDT

Benchmark analyst Matthew Harrigan reiterated a Sell rating and $397.00 price target on Netflix (NASDAQ: NFLX).

The analyst comments "We are maintaining our Sell rating on Netflix and $397 price target while now looking for the stock to edge below $400 and remain there even into 2021.... More