Netflix (NFLX) PT Lowered to $240 at BofA Securities
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Netflix (NFLX) Defended at JPMorgan, Analyst Says 'Never Count Them Out'
May 13, 2022 5:50 AM EDTJPMorgan analyst Doug Anmuth reflected on the recent weakness seen in Netflix (NASDAQ: NFLX) stock.
Netflix trades over 70% lower YTD and roughly 75% from the record high. Anmuth reminds investors that this is a 20% GAAP operating margin business that should still have positive FCF this year.
Analysts are currently looking for $772 million in FCF for 2022, much... More
