GeneralBullishBlockonomi · Jun 106/10
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Netflix (NFLX) Stock Plunges 38% Yet Analysts Project 40% Rally Ahead
Netflix stock has declined 38% from its peak, but strong Q1 earnings, a $25 billion share buyback program, and accelerating ad revenue growth have prompted Wall Street analysts to project a 40% rally ahead, signaling potential undervaluation despite recent weakness.