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Netflix Stock Slammed With Price-Target Cuts After Q3 Report

Netflix Stock Slammed With Price-Target Cuts After Q3 Report

Netflix (NFLX) stock is getting a valuation reset after the subscription streaming video service posted its slowest sales growth in three years and forecast a fourth straight quarter of decelerating growth for the current period. The internet television network late Tuesday said its revenue increased 11.8% year over year in the third quarter to $12.87 billion. That was its slowest…

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