Deutsche Bank downgrades Netflix, says it's hard to justify valuation with revenue growth slowing

The firm downgraded Netflix to hold from buy and maintained its 12-month price target of $590.

Breaking News: Markets, Markets

10/20/2021 1:27:00 PM

New for subscribers: Deutsche Bank downgrades Netflix, says it's hard to justify valuation with revenue growth slowing. Check out CNBCPro today.

The firm downgraded Netflix to hold from buy and maintained its 12-month price target of $590.

Share Article via Email

Read more: CNBC »

Aday: The sustainable fashion brand that wants you to buy fewer clothes - CNN Video

Aday founders Meg He and Nina Faulhaber created their sustainable fashion brand in 2015 to change the way people wear and shop for clothes. They say they raised nearly $50 million of venture capital from investors who believe in their innovative vision. Read more >>

Pro BS , they just want cheaper price.🤦🏻‍♂️ Pro Deutsche Bank downgraded Netflix as Squid Game came out? Huh. Deutsche Bank funded Trump’s repeatedly failing business ventures for decades, so what’s going on there? Pro Every shitty deal anywhere in the world, any money laundering scheme, seems to trace back to Deutsche Bank.

Megahit 'Squid Game' puts focus squarely on Netflix's overseas growthThe success of the South Korean dystopian drama series 'Squid Game' has led investors to bet on Netflix Inc 's plans to explore more international content to boost slowing subscriber growth. ccp 's China is the real SquidGames

Netflix’s Reed Hastings Envisions “Entertaining The World” In Chappelle-Free Q3 Earnings Call; Execs Talk Video Games, Content Spending & MoreCo-CEO Reed Hastings and his Netflix management colleagues didn’t let the current controversy over Dave Chappelle slow their roll during the company’s third-quarter earnings interview. …

Russia Suspends Its Mission At NATO, Shuts Alliance's OfficeRussia says it's acting in retaliation to NATO’s expulsion of Russian diplomats. Why Russia tries to be diplomatic with an organisation hell bent on destroying it is beyond my comprehension.

N26: Challenger bank hits $9 billion valuation after $900m roundThiel-backed challenger bank N26 now valued at over $9 billion after closing a $900 million mega round led by Coatue and Third Point Ventures 泰尔支持的挑战者银行N26在Coatue和Third Point Ventures带领下完成了9亿美元的大交易后,目前价值超过90亿美元

Kim Kardashian Posted a Zoom-In of Kourtney's Engagement Ring and It's HUGEKim Kardashian posted a slow-motion zoom in of Kourtney Kardashian's engagement ring from Travis Barker and it's huge—check out the video here. Congrats 🥳

Chinese draggin’: growth slowsA paltry GDP rise is down to the pandemic, power and property. We ask what growing pains President Xi Jinping will endure in the name of economic reforms. Emmanuel Macron, France’s president, will probably end up in the second round of next year’s election; who will stand against him is ever more unpredictable. And fixing meeting inefficiency with an 850-year-old idea. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer See acast.com/privacy for privacy and opt-out information.

Share Article via LinkedIn Share Article via Email Deutsche Bank said Netflix shares may be getting ahead of themselves even after the streaming giant reported a bigger-than-expected subscriber number and strong earnings for the third quarter.