Wolfe Research has lowered Netflix, Inc. (NFLX) price target to $121 from $139, with an Outperform rating. Jefferies also reduced its price target on NFLX to $134 from $150, maintaining a Buy rating. Wall Street analysts have a Moderate Buy rating on the stock with an average price target of $133.27, representing a 42% upside. Both firms advise caution with internet stocks due to margin pressures and AI concerns. NFLX is a global entertainment company offering TV series, documentaries, movies, and games. There are opportunities in AI stocks with potential for greater upside and less risk.

Read more at Yahoo Finance: Wolfe Research Cuts Netflix, Inc. (NFLX)’s Price Target To $121, Maintains Outperform Rating