Big Bank Ratings | Morgan Stanley: Lowers Netflix Price Target to $90, Maintains "Overweight" Rating
Golden Finance July 15th | Morgan Stanley released a report stating that Netflix's valuation does not fully reflect its long-term growth potential, and the market's concerns about engagement have generally been exaggerated. The firm maintains its "Overweight" rating on Netflix, but lowers its target price from $115 to $90 ahead of the second-quarter results announcement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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