Stock in Netflix tumbled by $9.07, or nearly 5 percent, to $183.74 in late day trading following analyst Eric Sheridan cutting his price target for company shares to $186 from $265 each as the video streaming giant turns from a focus on subscriber growth to profitability. Netflix stock fell sharply on Friday after Goldman Sachs downgraded its shares to “Sell,” from “Neutral,” amid a threat of a “consumer recession.”
