Netflix Stock Hits 52-Week Lows After Q4 Results: Analyst Says Bottom May Be In
Netflix Inc (NASDAQ:NFLX) shares are trading lower on Wednesday after the company reported fourth-quarter financial results on Tuesday. While the company beat analyst estimates for revenue and earnings per share, price targets are being lowered due to guidance and the near-term outlook. • Netflix stock is feeling bearish pressure. Why is NFLX stock falling?The Netflix AnalystsGoldman Sachs analyst Eric Sheridan maintained a Neutral rating on Netflix and lowered the price target from $112 to $100.Rosenblatt ...