Market optimism over the potential for interest rate cuts next year is dangerously overdone, according …
Read More »Morgan Stanley slashes Netflix price target before earnings
Akio Kon | Bloomberg | Getty Images Reed Hastings, chief executive officer of Netflix Inc. Morgan Stanley cut its 12-month price target for Netflix, citing global trends like the strong dollar and rising interest rates as upping the online streaming service’s expenses. Netflix is expected to report earnings after the …
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