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Netflix gets double upgrade as analyst urges to buy on the 27% dip

Netflix gets double upgrade as analyst urges to buy on the 27% dip

6 years ago
Anonymous $yysEBM5EYi

https://www.cnbc.com/2018/11/05/netflix-upgrade-to-buy-from-underperform-as-analyst-says-to-buy-the-dip.html

One Wall Street brokerage just did an about-face on Netflix, telling clients the the stock's 27 percent decline from its July high represents an attractive buying opportunity.

In a rare move, Buckingham Research raised its rating two notches to buy from underperform for Netflix shares, saying that while it was previously cautious on its "elevated" stock price, it still believes it is a top-notch option.