Netflix price target lowered to $100 from $110 at Bernstein

Bernstein lowered the firm's price target on Netflix to $100 from $110 and keeps an Outperform rating on the shares. There's a lot riding on Q2 as Netflix faces no shortage of near and longer-term questions - from Q2 engagement trends and potential revisions to 2026 margin guidance to the broader challenge of sustaining growth amid evolving consumer preferences and viewing behavior, the firm says.