Wednesday, October 26, 2011

Netflix (NFLX) Downgraded by Analysts

Netflix, Inc. (NASDAQ: NFLX) was unsurprisingly downgraded by numerous analysts.

Netflix, Inc. was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating.

Netflix, Inc. (NFLX) was downgraded by Susquehanna to a “Neutral” rating.

Netflix, Inc. (NFLX) was downgraded by JPMorgan Chase & Co. (NYSE:JPM) from an “Overweight” rating to a “Neutral” rating. They have a price target of $67.00 on the company.

Netflix, Inc. (NFLX) was downgraded by Citigroup (NYSE:C) from a “Buy” rating to a “Neutral” rating.

Netflix, Inc. (NFLX) was downgraded by Janney Montgomery Scott from a “Neutral” rating to a “Sell” rating. They have a price target of $51.00 on the company, down from $102.00.

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