In the recent news, **Netflix stock** has been cited as a strong defensive option given the rising market volatility. The company recently showed positive performance, reversing early weakness and raising the stock by 1.3%. However, there are concerns that Netflix stock may fall by over 60% largely due to potential U.S. recession and weaker subscriber growth. Despite the speculation, **Zacks Analyst** blog highlighted Netflix along with Exxon Mobil, Alibaba, and CSP. The stock is even referenced in **Mark Cuban**’s portfolio as a top stock pick. Netflix's shares have seen fluctuations amid controversies around password sharing crackdown and claims related to Megan's series. Some investors and funds are increasing their Netflix holdings while others, like Swiss National Bank and AGF Management Ltd., are selling off their positions. Despite the market turmoil and potential slowdown in growth, some analysts reiterate a positive outlook predicting Netflix's stock rebound as markets stabilize. In fact, Bernstein reiterated an outperform rating on Netflix with a $1,200 target.
Netflix Stocks News Analytics from Thu, 14 Nov 2024 08:00:00 GMT to Sat, 15 Mar 2025 18:48:55 GMT -
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- Information 5
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