After-Hours Stock Movers 04/19: IBM Gains on Beat; Netflix Plummets on Sub Miss (more...)
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CFRA Downgrades Netflix (NFLX) to Hold
April 20, 2022 9:06 AM EDTCFRA downgraded Netflix (NASDAQ: NFLX) from Buy to Hold with a price target of $290.00 (from $525.00).
For an analyst ratings summary and ratings history on Netflix click here. For more ratings news on Netflix click here.
Shares of Netflix closed at $348.61 yesterday.
... MoreOppenheimer Downgrades Netflix (NFLX) to Perform
April 20, 2022 7:23 AM EDTOppenheimer analyst Jed Kelly downgraded Netflix (NASDAQ: NFLX) from Outperform to Perform.
The analyst commented, "We are downgrading NFLX shares from Outperform to Perform and removing our $530 PT following a significant 1Q netadds miss that we attribute to elevated churn from more streaming... More
IBM (IBM) PT Raised to $166 at Credit Suisse
April 20, 2022 6:52 AM EDTCredit Suisse analyst Sami Badri raised the price target on IBM (NYSE: IBM) to $166.00 (from $165.00) while maintaining a Outperform rating.
... MoreNetflix (NFLX) PT Lowered to $275 at Barclays
April 20, 2022 6:06 AM EDTBarclays analyst Ross Sandler lowered the price target on Netflix (NASDAQ: NFLX) to $275.00 (from $380.00) while maintaining a Equalweight rating.
... MoreAtlantic Equities Downgrades Netflix (NFLX) to Neutral
April 20, 2022 5:39 AM EDTAtlantic Equities analyst Hamilton Faber downgraded Netflix (NASDAQ: NFLX) from Overweight to Neutral with a price target of $280.00.
For an analyst ratings summary and ratings history on Netflix click here. For more ratings news on Netflix click here.
Shares of Netflix closed at $348.61 yesterday.
... MorePivotal Research Downgrades Netflix (NFLX) Two-Notches to Sell
April 20, 2022 5:35 AM EDTPivotal Research analyst Jeffrey Wlodarczak downgraded Netflix (NASDAQ: NFLX) from Buy to Sell with a price target of $235.00 (from $550.00).
The analyst commented, "After what can only be called a shocking 1Q subscriber miss and weak subscriber & financial guidance we reduced our subscriber forecasts and pushed back our profitability forecasts substantially which led to a dramatic nearly 60% reduction in our target price to $235 and a reduction in our... More
