Market Overview

UPDATE: Caris Downgrades Netflix to Below Average

Share:
Related NFLX
A Look Into The Most Sampled Tracks In Music History
TD Ameritrade Is Trying To Find The Best Young Investors In The Country
Insider Trades of the Week: Facebook, Alphabet, Netflix (GuruFocus)

Caris & Co. downgraded Netflix (NASDAQ: NFLX) from Average to Below Average and raises price target from $59 to $60.

The analyst pointed out the Disney deal will not be fully implemented til 2016 and will cost ~$300 million per year. The Caris analyst also warned the proxy fight with Carl Icahn could raise SG&A spending.

Latest Ratings for NFLX

DateFirmActionFromTo
Sep 2016MacquarieDowngradesNeutralUnderperform
Aug 2016Axiom CapitalInitiates Coverage onSell
Aug 2016William BlairUpgradesMarket PerformMarket Outperform

View More Analyst Ratings for NFLX
View the Latest Analyst Ratings

Posted-In: Analyst Color Downgrades Analyst Ratings

 

Related Articles (NFLX)

View Comments and Join the Discussion!