Wells Fargo Downgrades Netflix to Underweight, Lowers Price Target to $57
Wells Fargo analyst Steven Cahall downgrades Netflix (NASDAQ:NFLX) from Equal-Weight to Underweight and lowers the price target from $80 to $57.
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Why It Matters
A big bank analyst thinks Netflix stock looks overpriced right now. They lowered how much they think the stock is actually worth.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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