Netflix (NFLX) Increases Subscription Prices in UK and Ireland
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'Hell Freezes Over': Netflix (NFLX) Stock Gains on Wedbush Upgrade to Neutral but There's a Catch
March 9, 2022 7:06 AM ESTWedbush analyst Michael Pachter upgraded shares of Netflix (NASDAQ: NFLX) to Neutral from Underperform with the same price target of $342.00 per share.
A primary driver of the upgrade call was the most recent selloff in NFLX shares, which are down roughly 43% YTD. Yesterdays low marked the lowest Netflix stock price traded since in the past 2 years.
The recent share price decline reflects that Netflix investors have begun to appreciate that the companys long-term prognosis is as a... More
