Wall Street’s support for Netflix is wavering after the streaming platform’s latest results on Thursday failed to ease concerns over slowing growth, with a number of analysts slashing price targets for the stock. The entertainment firm reported $12.56 billion in revenue for the second quarter — a figure that was slightly below the $12.59 billion expected by analysts polled by LSEG. Its revenue was still up 13% on a year-over-year basis, largely due to the streaming platform’s membership and advertising growth as well as its subscription price hikes. Netflix’s earnings came in at 80 cents per share, a penny ahead of the Street’s consensus estimate of 79 cents per share. However, the company narrowed its revenue forecast to a range of…
