Valuations Behind NFLX Downgrade, Earnings Traction Key for Momentum
Schwab Network · Schwab Network
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Show Notes
Seaport Research moved to the sidelines on Netflix (NFLX) after downgrading the stock to neutral from buy. It doesn't see shares gaining much traction as valuations swell. George Tsilis explains the "cautious" outlook from the analyst ahead of earnings next week. Prosper Trading Academy's Charles Moon also takes caution through his example options trade for Netflix.
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