Netflix’s Price Target is Cut. A Price Hike Sends Shares Upward


Is Netflix so powerful that it is impervious to anything negative offered by a respected financial analyst? That appeared to be the case on Friday, as shares in the dominant on-demand visual content creator and distributor rose by nearly 3% before cooling off as trading for the week neared its conclusion.

The growth came despite a notable note of wariness from MoffettNathanson Senior Analyst Michael Nathanson.

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