😍 REVIEWS News – Paris/France.
ZURICH (dpa-AFX Broker) - Swiss major bank UBS has downgraded Netflix from "Buy" to "Neutral" and reduced the price target from US$575 to US$355. The first quarter and the outlook for the second quarter fell short of expectations, analyst John Hodulik wrote in a study available Wednesday. The supplier's business model Streaming is currently being tested. He expects growing competition, economic headwinds and market saturation to initially weigh on subscriber growth./tih/mis
Publication of the original study: 20/04/2022 / 03:01 / GMT
First broadcast of the original study: 20/04/2022 / 03:01 / GMT
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SOURCE: Reviews News
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