Comment on UBS Downgrades Netflix Stock: “Risk/Reward No Longer Compelling”

UBS Downgrades Netflix Stock: “Risk/Reward No Longer Compelling”

Citing data from its own polling of consumers as well as its financial analysis, UBS issued a downgrade of Netflix stock to “neutral” from “buy.” In a research report issued after the close of trading, the Wall Street investment firm said the streaming service’s stock, which closed today at $418.65, is simply overextended.

 

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