- Evercore has upgraded Netflix (NASDAQ:NFLX) to Overweight after the bell. The firm upgraded Netflix to Equal Weight last October, when shares were at $355. It launched coverage at Underweight the prior April, when shares were at $169.
- Separately, shareholders have rejected a non-binding proposal calling for the chairman and CEO roles (both currently held by Reed Hastings) to be split by a 53/47 margin. Hastings was re-elected to Netflix's board by a 74/26 margin.
- NFLX +0.5% AH.
Evercore upgrades Netflix; shareholders reject chairman/CEO split
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| Symbol | Last Price | % Chg |
|---|---|---|
| NFLX | - | - |
| Netflix, Inc. | ||