Morgan Stanley and JPMorgan Recommend Buying Netflix After Q2 Guidance Miss
Netflix (NFLX) experienced a 10% selloff after missing Q2 guidance and reporting lower-than-expected EPS, but Morgan Stanley and JPMorgan maintain Overweight ratings, viewing the dip as a buying opportunity. Analysts are divided on whether the Q2 deceleration is temporary or signals sustained margin pressure.
Topics: Analyst Ratings Earnings Market Reaction Netflix Stock Price Movement