Back to News
Market Impact: 0.32
Downgrade, Steep Price-Target Cut Dings Netflix Stock
Source: schaeffersresearch.com
Analyst InsightsMedia & Entertainment
Netflix shares fell 4.8% to $71.72 after Wells Fargo downgraded the streaming company to underweight. The firm also cut its price target by 28.8%, to $57 from $80, implying further downside from the current share price.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
moderately negative
Sentiment Score
-0.45
Ticker Sentiment
NFLX-0.72
More News
- Netflix is headed for its worst year since 2022. Wells Fargo thinks a comeback is unlikely
- Why Netskope Stock Crushed it This Week
- Whirlpool stock hits 52-week low at 32.11 USD
- Netflix Has $27 Billion Left to Buy Back Its Own Stock -- About 8% of the Whole Company
- Netflix Stock Gets Downgraded by Wells Fargo on ‘Worrying' Engagement Trends
- Wells Fargo downgrades Netflix stock rating on weak content slate
From AllMind Research
- Anthropic IPO Preview: Valuation, Timing, and What to Watch
- Shein After the IPO: Venue, Valuation, and What Must Be Proved
- What AI Research Tools Should a Small Hedge Fund Buy First?
- Weekly Update: Adding Live MBO Level 3 Data - Liquidity Heatmap, OFI Charts, and More
- Alternative Data Due Diligence for Institutional Investors