Netflix Stock Downgraded by Wells Fargo: Street-Low $57 Target
Netflix shares fell 4.8% as Wells Fargo downgraded NFLX to Underweight with a $57 target, citing an 8% slide in subscriber viewing hours.
Netflix shares fell 4.8% as Wells Fargo downgraded NFLX to Underweight with a $57 target, citing an 8% slide in subscriber viewing hours.
Netflix reports Q1 2026 earnings on April 16. Here’s what Wall Street is watching: ad-tier growth, engagement metrics, margins, and macro risks.