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Benzinga
Benzinga
Business
Priya Nigam

Why This Netflix Analyst Just Cut Their Price Target By 20%

Netflix BofA Securities Nasdaq Nat Schindler

Netflix Inc (NASDAQ:NFLX) seems to be focusing on finding ways to accelerate subscriber additions and “defer the ARPU story,” according to BofA Securities.

The Netflix Analyst: Nat Schindler maintained an Underperform rating on Netflix while reducing the price target from $300 to $240.

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