Citron Research Thinks Netflix Is Headed Back to $300
2019 started on a solid note for Netflix (NFLX). In January so far, the stock has gone down in only one session out of total eight. As of January 10, the stock was already up 21.3% month-to-date before its fourth-quarter earnings release scheduled for next week. Many analysts, including from Goldman Sachs and UBS, have expressed their optimism on the stock in the last couple of weeks. In contrast, Citron Research seems to have a different view. Let’s take a look.