Morgan Stanley trims Netflix $80 target; shares up 2.3%
Morgan Stanley lowered its Netflix price target to $80 from $83 while keeping an Overweight rating. NFLX traded at $71.30 around 11:10am EST on Oct. 8, up about 2.3%.
Morgan Stanley cut its price target on Netflix to $80 from $83 and kept an Overweight rating on the stock. 3%.