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Netflix Viewer Trends 'Look Worrying': Wells Fargo Slashes Target on Stock
Source: benzinga.com
Analyst InsightsMedia & Entertainment
Netflix shares fell Friday after Wells Fargo downgraded the streaming company to Underweight from Equal Weight. The bank cut its price target by 29% to $57 from $80, signaling a materially more bearish outlook for the stock.
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Overall Sentiment
moderately negative
Sentiment Score
-0.45
Ticker Sentiment
NFLX-0.72
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