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Netflix downgraded by Wells Fargo on weak engagement, content concerns
Proactive1d agobearish
Netflix downgraded by Wells Fargo on weak engagement, content concerns

Wells Fargo & Co (NYSE:WFC, XETRA:NWT) downgraded Netflix Inc (NASDAQ:NFLX, XETRA:NFC) to "underweight" from "equal weight" Friday, with analysts warning that weaker engagement and content could pressure margins and valuation. Wells Fargo cut its price target to $57, implying about 25%...

Costco faces margin pressure as BofA cuts price target
Proactive2d agobearish
Costco faces margin pressure as BofA cuts price target

Costco Wholesale Corporation (NASDAQ:COST, XETRA:CTO) retained Bank of America Corp (NYSE:BAC)'s Buy rating despite a price target cut, as rising supply chain costs prompted a more cautious margin outlook. In September 16 trading, shares fell to $900.49, while the broker maintained its "buy"...

Amazon Has Zero Sell Ratings. Here’s the Price Target That Follows
24/7 Wall St.4d agobearish
Amazon Has Zero Sell Ratings. Here’s the Price Target That Follows

Every analyst covering Amazon is bullish, earnings growth is running at triple digits, and AWS just hit its fastest expansion in four and a half years, yet the stock sits 12% off its highs and barely outpacing a savings account. Something about that math does not add up.