Jefferies Slashes Price Target on Netflix (NFLX)
Tweet
Share
E-mail
Get Alerts NFLX Hot Sheet
Price: $70.97 -0.6%
Rating Summary:
7 Buy, 14 Hold, 9 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
7 Buy, 14 Hold, 9 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Join SI Premium – FREE
Jefferies cut its price target on Netflix (NASDAQ: NFLX) from $265 to $190 following the lower Q3 domestic subscriber outlook.
The firm said the recent price hike, less favorable competitive environment, and its aggressive international raises the risk profile.
For more ratings news on Netflix click here and for the rating history of Netflix click here.
Shares of Netflix closed at $208.71 yesterday.
The firm said the recent price hike, less favorable competitive environment, and its aggressive international raises the risk profile.
For more ratings news on Netflix click here and for the rating history of Netflix click here.
Shares of Netflix closed at $208.71 yesterday.
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
Jefferies & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
