Netflix 'Burns Cash Like a Drunken Sailor,' Analyst Pachter Says

Michael Pachter, a Wedbush Securities analyst, discusses his bearish outlook on Netflix, citing concerns over subscriber growth, competition, and cash burn. He highlights the risks posed by Disney's acquisition of Fox and the competitive threat from Hulu. Pachter also points out the financial challenges Netflix faces, including declining cash flows and increasing debt. He predicts a downturn in Netflix's domestic subscribers and believes the stock will hit his target of $125.

How does Michael Pachter view the current price targets set by analysts for Netflix?

What does Michael Pachter mean by saying that Netflix is in a 'world of hurt'?