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Here's what Wall Street is saying about Netflix's troubling subscriber shortfall

Avery Hartmans   

Here's what Wall Street is saying about Netflix's troubling subscriber shortfall
Tech1 min read

orange is the new black s4 kitchen netflix

JoJo Whilden/Netflix

Kate Mulgrew, left, and Selenis Leyva on Netflix original series "Orange Is the New Black."

Netflix's stock is down 13% on Tuesday, after the streaming video service's new subscriber additions came in way below expectations in the second quarter.

Netflix added 160,000 U.S. subscribers in the second quarter, compared to Wall Street's forecast of 509,000, and its international growth also missed targets.

The company blamed the lack of subscriber growth on the media's coverage of the "'un-grandfathering' of Netflix accounts" that resulted in price hikes for many subscribers.

Analysts cut their price targets for the stock, though many are still bullish.

Here are some of the key takeaways from analysts who cover the stock:

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