Vetr Crowd Downgrades Netflix

The Vetr community on Monday downgraded Netflix, Inc. NFLX from 3 stars (Hold) to 2.5 stars (Sell). The Vetr crowd’s outlook on Netflix is negative, with 77.8 percent of users giving the stock a Sell rating, 11.1 percent a Hold and 11.1 percent a Buy.

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At time of publication, Netflix shares were trading down 2.9 percent at $311.43. The Vetr crowd is bearish on the stock in the long run, with an aggregated price target of $300.13 implying 5.7 percent downside.

Analysts were strongly bearish as well. Among analysts, the 12-month consensus price target on the stock is at $275, implying a strong downside.