Albert Fried attempts to rain on Netflix's (NLFX) parade with a harsh downgrade to Underweight...

|By:, SA News Editor

Albert Fried attempts to rain on Netflix's (NLFX) parade with a harsh downgrade to Underweight and price target of $68. The firm calls the recent rally a "reflexive speculative bubble." So far, a promising upgrade from Janney Capital is carrying more weight, NFLX +2.7% premarket.