Market Overview

UPDATE: Hudson Square Research Downgrades Netflix on Challenges Ahead

Related NFLX
RBC's Top Picks For 2015: Amazon, Netflix And Facebook
Here's Why Even The Failure Of 'Marco Polo' Won't Affect Netflix
Making Money With Charles Payne: 11/13/14 (Fox Business)

In a report published Wednesday, Hudson Square Research analyst Daniel Ernst downgraded the rating on Netflix (NASDAQ: NFLX) from Buy to Hold.

In the report, Hudson Square Research noted, “While we continue to expect strong sub growth, with the shares up some 250% YTD, a premium valuation, and with potential risk to 4Q EPS consensus, we move to the sidelines, reducing our rating from Buy to Hold.”

Netflix closed on Tuesday at $321.69.

Latest Ratings for NFLX

DateFirmActionFromTo
Dec 2014UBSInitiates Coverage onNeutral
Nov 2014Stifel NicolausDowngradesBuyHold
Oct 2014Janney CapitalMaintainsBuy

View More Analyst Ratings for NFLX
View the Latest Analyst Ratings

Posted-In: Daniel Ernst Hudson Square ResearchAnalyst Color Downgrades Analyst Ratings

 

Related Articles (NFLX)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Benzinga Professional