Hollywood Reporter September 18, 2026 • 20:25

Netflix Stock Falls After Wells Fargo Downgrade: “Engagement Trends Look Worrying to Us” - The Hollywood Reporter

By Alex Weprin

The bank is now underweight on the streaming giant's stock, citing “tougher choices ahead” for the company.

Netflix shares fell nearly 5 percent on Friday after Wells Fargo downgraded its stock and price target, citing concerns over user engagement.
The report, by Wells Fargo analyst Steven Cahall, was ti… [+1334 chars]

Read Full Article on Original Site ↗ ← Back to News List

Netflix Stock Falls After Wells Fargo Downgrade: “Engagement Trends Look Worrying to Us” - The Hollywood Reporter

More from Hollywood Reporter

Investors weigh whether Anthropic can sustain surging revenues post-IPO - Financial Times

Citing Trump, GOP regulators reject gas plant for Amazon data center - Politico

Stock Market Today: Dow Steady, Yields Edge Higher — Live Updates - WSJ

USPS made mail slower to cut costs. Midterm ballots will test the system. - Axios