Netflix Is Overvalued And Won’t Be Profitable In 2013: Wedbush
January 4, 2013 - 9:56am
Despite a successful 2012 that ended with Netflix, Inc. (NASDAQ:NFLX) stock up by almost 30 percent, Wedbush analyst Michael Pachter predicts that Netflix will be unprofitable in the coming year.
The Wall Street analyst predicts that Netflix, Inc. (NASDAQ:NFLX), the…The post Netflix Is Overvalued And Won’t Be Profitable In 2013: Wedbush appeared first on ValueWalk.
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