Netflix (NFLX) Gets a Sell Rating from Buckingham

By Ryan Adsit

In a report released yesterday, Matthew Harrigan from Buckingham maintained a Sell rating on Netflix (NASDAQ: NFLX), with a price target of $349. The company’s shares closed yesterday at $364.70.

Harrigan has an average return of 13.4% when recommending Netflix.

According to TipRanks.com, Harrigan is ranked #733 out of 4893 analysts.

Currently, the analyst consensus on Netflix is a Moderate Buy with an average price target of $411, implying a 12.7% upside from current levels. In a report issued on October 12, Wedbush also reiterated a Sell rating on the stock with a $125 price target.

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Netflix’s market cap is currently $158.8B and has a P/E ratio of 166.53. The company has a Price to Book ratio of 35.32.

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