Netflix (NFLX) shares are on track to record their worst year since 2022, but a senior Wells Fargo analyst, Steven Cahall, cautions against hoping for a swift recovery. In his latest research note, Cahall downgraded the streaming giant to "Underweight" and slashed his price target to $57, indicating potential downside of another 20% from here. At the time of writing, Netflix stock is already trading about 35% below its year-to-date high. More News from Barchart Bank of America Just Declared a 'Generational Entry Point' in U.S. Bonds. Why Investors Should Be Backing Up the Truck on Treasuries Here.
Mostramos la idea principal publicamente. Crea una cuenta gratis para seguir leyendo el articulo completo, guardarlo, comentarlo y conectarlo con contexto de mercados y OSINT.