Netflix shares ended 6.5% lower on Friday, one day after reporting mixed second-quarter results. The Street’s reaction was mixed, with firms such as Credit Suisse downgrading the stock to neutral “due to a lack of near term catalysts” while Piper Sandler raised its price target on shares as it continues to view Netflix as the go-to option. Read More...
Netflix shares ended 6.5% lower on Friday, one day after reporting mixed second-quarter results. The Street’s reaction was mixed, with firms such as Credit Suisse downgrading the stock to neutral “due to a lack of near term catalysts” while Piper Sandler raised its price target on shares as it continues to view Netflix as the go-to option.
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