Evercore ISI Lowers Netflix Price Target to $90 From $110

Evercore ISI lowered its price target on Netflix, Inc. to $90.00 from $110.00 while maintaining its investment rating on the stock, according to an equity research note by analyst Mark Mahaney. The $20 reduction reflects adjusted growth expectations and updated valuation metrics. This action follows a similar price target cut two days earlier by Seaport Research, which reduced its target on Netflix to $90 from $102 amid bearish options flow and a 1.61% decline in the shares.