This article first appeared on GuruFocus. Netflix (NASDAQ:NFLX) shares fell about 2% Tuesday after HSBC lowered its view on the streaming company, pointing to growing competition from YouTube and weaker signs of viewer engagement, according to a Tuesday analyst note. HSBC analyst Mohammed Khallouf cut Netflix to Hold from Buy and reduced his price target to $76 from $96. The revised target reflects a 21% reduction and leaves limited room for gains based on Tuesday's trading level. Warning! GuruFocus has detected 2 Warning Sign with ABNB. Is NFLX fairly valued? Test your thesis with our free DCF calculator.
Nous affichons publiquement l'idee principale. Creez un compte gratuit pour lire l'article complet, l'enregistrer, le commenter et le relier au contexte marches et OSINT.