Monness Crespi Hardt becomes latest to slash its Netflix price target on competition concerns

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Monness Crespi Hardt becomes latest to slash its Netflix price target on competition concerns
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Monness Crespi Hardt analyst slashes $100 from Netflix price target

Monness Crespi Hardt became the latest house to slash its stock price target for Netflix Inc.

on Wednesday, when it shaved $100 off its target to lower it to $340. Analyst Brian White reiterated his buy rating on the stock in a note to clients ahead of the streaming company's third-quarter earnings next week. "In light of the weakening macro environment since Netflix last provided guidance, combined with more details last month from Apple AAPL, -1.

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