StockNews.com cut shares of Netflix (NASDAQ:NFLX – Free Report) from a buy rating to a hold rating in a report released on Tuesday. Several other research firms have also recently issued reports on ...
Granted, Netflix isn't a stock for everyone. Given its rich valuation — the stock sports a price-to-earnings (P/E) ratio of nearly 50x — value investors will want to steer clear of the stock. However, ...