Wedbush removes Netflix from 'Best Ideas' list, expects less growth

Mar 28, 2024 · Wedbush analysts gave the stock an Outperform rating and raised the price target to $725 from $615, but removed Netflix from its "Best Ideas List." Wedbush Securities Vice President of Equity ...

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Wedbush Removes Netflix From 'Best Ideas' List, Expects Less Growth

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Netflix Removed From Best Ideas List At Wedbush Amid 'high

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It's likely that some of the growth drivers for Netflix, which has seen its shares jump 34% year-to-date and 92% over the past year, are "fully priced in," including the crackdown on password …

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Netflix Removed From Best Ideas List At Wedbush Amid 'high …

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Mar 27, 2024 · It's likely that some of the growth drivers for Netflix, which has seen its shares jump 34% year-to-date and 92% over the past year, are "fully priced in," including the …

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Wedbush Removes Netflix From ‘Best Ideas’ List, Expects Less Growth

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Mar 28, 2024 · Wedbush removes Netflix from ‘Best Ideas’ list, expects less growth YouTube. Netflix (NFLX) ... 3 Monster Growth Stocks Set to Surge 400% by 2032 ... 5 days. …

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Wedbush Adjusts Netflix's PT To $725 From $615, Maintains …

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-- Netflix has an average rating of outperform and price targets ranging from $425 to $740, according to analysts polled by Capital IQ. ... Wedbush Adjusts Netflix's PT to $725 From …

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FAQs about Wedbush removes Netflix from 'Best Ideas' list, expects less growth Coupon?

Why did Wedbush remove Netflix from its best ideas list?

Credit: © Reuters. Wedbush revealed it has removed Netflix (NASDAQ: NFLX ) from its Best Ideas List in a note Wednesday, citing the company's "year of significant growth." ...

Is Netflix (NFLX) a good stock to buy?

Netflix (NFLX) stock removed from Wedbush's Best Ideas List Wedbush revealed it has removed Netflix (NASDAQ: NFLX) from its Best Ideas List in a note Wednesday, citing the company's "year of significant growth." ...

Is Netflix a good stock to buy in 2024?

With the stock up 87.3% over the past 12 months — while the Communication Services Select Sector SPDR ETF has rallied 44.3% and the S&P 500 index has advanced 31.3% — some of the biggest reasons for putting it on the BIL have already been priced in. Therefore, it will become “much harder” for Netflix to impress investors in 2024. ...

Is Netflix's Alicia Reese a good stock to buy?

Wedbush’s Alicia Reese reiterated the outperform rating she’s had on Netflix’s stock for at least the past three years, and raised his price target to $725 from $615. The new target was tied with Oppenheimer’s Jason Helfstein’s target for being the highest of the 51 analysts surveyed by FactSet who cover the stock. ...

Will Netflix outperform in 2024 vs 2023?

Despite the removal, the firm maintained its Outperform rating on the stock as it continues to see drivers to expand revenue, earnings, and free cash flow, at least to the high expectations out there right now. However, analysts said it will be much harder for Netflix to impress investors in 2024 vs. 2023, with some of the growth drivers priced in. ...

Will Netflix's AD tier continue to limit churn?

Nevertheless, analysts believe Netflix's ad tier will continue to limit churn, and state it has a significant opportunity to expand its advertising revenue in 2024 and beyond. "We think Netflix has reached the right formula with global content creation, balancing costs, and increasing profitability. ...