Netflix stock barely moves after hours as KeyBanc cuts target ahead of Warner deal-heavy earnings
Netflix shares slipped 0.1% to $88 in after-hours trading Friday after KeyBanc cut its price target to $110, citing uncertainty over the planned Warner Bros deal. Investors await Netflix’s Jan. 20 earnings and details on the $82.7 billion Warner Bros acquisition bid. U.S. markets were closed Monday for Martin Luther King Jr. Day.