BTIG Research analyst Richard Greenfield doesn’t seem like one to move the goalposts. When Netflix, Inc. (NASDAQ:NFLX) exceeded the target price he set for the company, he downgraded the firm’s stock to Neutral. That demonstrates a great deal of confidence in his older valuation of the company, and a belief that Netflix, Inc. (NASDAQ:NFLX)’s price growth has topped out. Shares in Netflix, Inc. (NASDAQ:NFLX) are down today after setting an all-time high of $314.18 yesterday. The company has seen massive growth in its value over 2013, led by a belief among investors that the company’s original content and growth in the United…
Netflix Downgraded To Neutral On Stock Leap
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.