Newsig · MarketWatch
Netflix is too focused on podcasts and not enough on good shows, analysts say
“We see breakout hits as a must for the stock to work again,” Wells Fargo analysts said as they cut their rating on shares of the streaming platform.
Why it matters
NFLX (Netflix) · Why linked: Wells Fargo downgraded Netflix with explicit price target implication on the stock Market context: Downgrade with call for breakout hits to drive stock higher signals analyst pessimism
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