- The shares of Netflix (NASDAQ: NFLX) have received a $240 price target from BofA Securities. These are the details.
The shares of Netflix (NASDAQ: NFLX) have received a $240 price target from BofA Securities. And BofA Securities analyst Nat Schindler is maintaining an “Underperform” rating on the shares.
The rating was adjusted following news that Netflix could introduce a lower-priced tier featuring ads. Plus Netflix is likely going to crack down on password sharing among the subscriber base around the same time.
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