This Is What Whales Are Betting On Netflix
Portfolio Pulse from Benzinga Insights
A large investor has taken a bearish stance on Netflix (NASDAQ:NFLX), with 66% of big-money traders also showing bearish sentiment. The investor's options trades suggest a target price range of $370 to $430 for Netflix over the next three months. Several experts have downgraded their actions on Netflix, with price targets ranging from $293 to $525. The company's next earnings are expected in 9 days.

October 09, 2023 | 2:02 pm
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A large investor has taken a bearish stance on Netflix, with a target price range of $370 to $430 over the next three months. Several experts have downgraded their actions on the company.
The bearish sentiment from a large investor and the majority of big-money traders, along with the downgraded actions from several experts, suggest a potential decrease in Netflix's stock price in the short term.
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