Netflix (NFLX -2.8%) is upgraded to Buy at S&P Capital IQ, which expects NFLX to...

|By:, SA News Editor

Netflix (NFLX -2.8%) is upgraded to Buy at S&P Capital IQ, which expects NFLX to "sustain global market share gains on exponential global growth of streaming video consumption." S&P says unique subscribers should grow to 33M by year-end 2012 and 37M by 2013. But today, shares add to losses from news of Wal-Mart's disc-to-digital service.