Notable Downgrades: Netflix (NFLX), Apple (AAPL), SunEdison (SUNE), Barracuda Networks (CUDA), American Eagle Outfitters (AEO)
January 08, 2016 at 15:26 PM EST
Netflix, Inc. (NFLX) was reiterated a ‘Buy’ by Pivotal Research Group analysts on Friday. The broker also cut its price target on the stock to $165 from $175. On valuation measures, Netflix Inc. stock it’s trading at a forward P/E multiple of 431.79x, and at a multiple of 298.72x this year’s estimated earnings. The t-12-month […] View the full post at: Notable Downgrades: Netflix (NFLX), Apple (AAPL), SunEdison (SUNE), Barracuda Networks (CUDA), American Eagle Outfitters (AEO) Related posts: Apple’s (AAPL) Short Interest Nosedives Netflix (NFLX) Boosts Prize Economics Netflix: Rental Dominance on Display