Wolfe Research Cuts Netflix to Peer Perform From Outperform
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05:37:10 PM UTC
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Netflix Inc. (NFLX) received another downgrade on Thursday as Wolfe Research cut its rating to ‘Peer Perform’ from ‘Outperform’, citing a lack of improvement in viewer engagement despite higher investment.According to the note cited by TheFly, Wolfe believes Netflix's recent content leadership chan…