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Netflix Earnings Preview: Analysts Cut Stock Price Targets in Reset

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Netflix Earnings Preview: Analysts Cut Stock Price Targets in Reset
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The sentiment from analysts heading into the third-quarter results on Oct. 18 is that expectations may have become a bit too exuberant amid a slow advertising ramp-up and possible increased spending on licensed content.

Netflix is expected to post strong subscriber gains when it reports its latest quarterly results on Oct.

18, but you couldn’t tell that from the stock’s performance since the global streamer’s July earnings update, when it added 5.9 million subscribers to total 238.4 million global paid memberships. That is because shares in the streaming giant,

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