These Netflix Analysts Aren’t Confident of a Turnaround Within the Next 18 Months

These Netflix Analysts Aren’t Confident of a Turnaround Within the Next 18 Months
The Netflix logo at the Anime Japan 2022 fair in Tokyo, on March 26, 2022. Charly Triballeau/AFP via Getty Images
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Netflix Inc. reported a revenue miss and a loss of net paid adds for the first quarter. Reacting to the quarterly results, most analysts tempered their expectations for the streaming giant.

Netflix Analysts

Rosenblatt Securities analyst Barton Crockett maintained a Neutral rating on Netflix shares and reduced the price target from $354 to $245.

Raymond James analyst Andrew Marok maintained a Market Perform rating.