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By: Benzinga
Wedbush Securities Reiterates Underperform Rating, $45 PT on Netflix
In a report published Wednesday, Wedbush Securities reiterated its Underperform rating and $45.00 price target on Netflix (NASDAQ: NFLX ). Wedbush noted, “In our view, the market's positive reaction to Tuesday's announcement (Netflix shares closed up 14% on Tuesday) was unwarranted, as the exclusive nature of the deal was highly
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