Vetr Crowd Upgrades Netflix But Remains Bearish

The Vetr community last Thursday upgraded Netflix, Inc. (NASDAQ: NFLX) from 2.5 stars (Sell) to 3 stars (Hold). The Vetr crowd’s outlook on Netflix is still bearish overall, with 19.4 percent of users giving the stock a Buy Rating, 69.4 percent a Sell and 11.1 percent a Hold.

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At time of publication, Netflix shares were trading at $300.94. The Vetr crowd is in-line to bearish on the stock in the long run, with an aggregated price target of $297.44, implying 2.3 percent upside.

Analyst outlook was bearish as well. Among analysts, the 12-month consensus price target on the stock is at $275, implying downside.