Netflix gets only its second 'sell' rating on Wall Street as Buckingham downgrades before earnings

Netflix gets only its second 'sell' rating on Wall Street as Buckingham downgrades before earnings

6 years ago
Anonymous $hM_jrxqbr-

https://www.cnbc.com/2018/07/16/buckingham-downgrades-netflix-before-earnings.html

Netflix shares got a rare Wall Street downgrade from Buckingham Research Group just hours before the online television and firm streaming provider is set to report second-quarter earnings.

Buckingham downgrade the stock to underperform from neutral and lowered its price target to $301 from $333. The new target implies a 16 percent drop from Friday's close.

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