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BofA Cuts PT on Netflix, Inc. (NFLX) to $125 From $149 – Here's Why [Yahoo! Finance]

Netflix, Inc. (NFLX)  More Company Research Source: Yahoo! Finance
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Netflix, Inc. (NASDAQ: NFLX ) is one of the top stocks that will make you rich in 10 years BofA Cuts PT on Netflix, Inc. (NFLX) to $125 From $149 - Here's Why BofA cut the price target on Netflix, Inc. (NASDAQ:NFLX) to $125 from $149 on March 6, reiterating a Buy rating on the shares. The firm stated that after the company decided to walk away from the Warner Bros. Discovery bidding process, Netflix, Inc.'s (NASDAQ:NFLX) strategy has bounced back to “business as usual”, with the firm updating its calendar year 2026 forecasts. It now projects revenue of $51.3B, up 13% year-over-year, and in line with company guidance of 12-14% growth. BofA also cut its multiple to take into account the recent multiple compression in the comp group. However, it stated that it believes Netflix, Inc. (NASDAQ:NFLX) will continue to outperform, supported by its “world-class brand”, position as an innovator, leading global subscriber scale, and increased visibility in growth drivers. In a separate d [Read more]

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Stockreport

BofA Cuts PT on Netflix, Inc. (NFLX) to $125 From $149 – Here's Why [Yahoo! Finance]

Netflix, Inc.  (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Netflix, Inc. (NASDAQ: NFLX ) is one of the top stocks that will make you rich in 10 years BofA Cuts PT on Netflix, Inc. (NFLX) to $125 From $149 - Here's Why BofA cut the price target on Netflix, Inc. (NASDAQ:NFLX) to $125 from $149 on March 6, reiterating a Buy rating on the shares. The firm stated that after the company decided to walk away from the Warner Bros. Discovery bidding process, Netflix, Inc.'s (NASDAQ:NFLX) strategy has bounced back to “business as usual”, with the firm updating its calendar year 2026 forecasts. It now projects revenue of $51.3B, up 13% year-over-year, and in line with company guidance of 12-14% growth. BofA also cut its multiple to take into account the recent multiple compression in the comp group. However, it stated that it believes Netflix, Inc. (NASDAQ:NFLX) will continue to outperform, supported by its “world-class brand”, position as an innovator, leading global subscriber scale, and increased visibility in growth drivers. In a separate d [Read more]

IMPACT SNAPSHOT
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NFLX
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Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
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Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS