Netflix (NFLX) PT Lowered to $405 at BMO Capital
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Go back to Netflix (NFLX) PT Lowered to $405 at BMO Capital
April 20, 2022 9:06 AM EDT
CFRA 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.
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April 20, 2022 7:40 AM EDT
Netflix (NASDAQ: NFLX) reported worse-than-expected results and guidance yesterday to send its shares over 27% lower in after-hours trading.
At least 9 analysts downgraded Netflix stock, including several rating cuts by two notches.
However, Needham & Company analyst Laura Martin moved to upgrade Netflix... More
April 20, 2022 7:23 AM EDT
Oppenheimer 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
