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.
20 of 21 major U.S. financials beat Q1 2026 earnings estimates. Morgan Stanley and Citi lead; Wells Fargo lags. Here’s what’s driving results.
Citigroup’s Q1 profit surged 42% on trading and dealmaking while Wells Fargo fell 5% on a revenue miss. Inside the 2026 bank earnings split.