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Netflix downgraded by UBS because of high valuation, analyst says good news 'all priced in'

CNBC
Netflix downgraded by UBS because of high valuation, analyst says good news 'all priced in'

UBS is getting less bullish over Netflix shares after the stock's stunning rally this year. The firm lowered its rating to neutral from buy for Netflix shares, citing the internet company's high valuation. “We believe Netflix's core competencies in both content & tech should drive a virtuous