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What? A Netflix (NFLX -0.8%) downgrade? Merriman downgrades shares to Neutral, seeing limited...
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Wednesday, July 6, 2011, 10:22 AM ETWhat? A Netflix (NFLX -0.8%) downgrade? Merriman downgrades shares to Neutral, seeing limited upside given "tough year-over-year operating margin comparisons, the potential for incremental EPS pressures from international launches and new/updated streaming content agreements." Merriman suggests rotating into Coinstar (CSTR -2%) as an alternative on the growing in-home movie craze.
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