Berstein downgrades Netflix (NFLX) to Underperform from Market Perform and sets a $180 price...

|By:, SA News Editor

Berstein downgrades Netflix (NFLX) to Underperform from Market Perform and sets a $180 price target on shares. The investment firm thinks the market is factoring in "unrealistic" expectations for Netflix subscriber growth. NFLX -1.8% premarket.