Netflix (NFLX) jumps 3.8% premarket after Morgan Stanley catches up to the price action by...

|By:, SA News Editor

Netflix (NFLX) jumps 3.8% premarket after Morgan Stanley catches up to the price action by upgrading to Overweight with price target of $85. Analysts at Morgan don't see Amazon as a direct threat, and say the current market price of Netflix puts no value on the company's international business.