Netflix Stock Tumbles After Goldman Downgrade, Price Target Cut
THR, Esq. 2022-06-10
Summary:
Netflix stock fell sharply on Friday after Goldman Sachs downgraded its shares to “Sell,” from “Neutral,” amid a threat of a “consumer recession.” Stock in Netflix tumbled by $9.07, or nearly 5 percent, to $183.74 in late day trading following analyst Eric Sheridan cutting his price target for company shares to $186 from $265 each […]