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Netflix (NFLX) is up 4% premarket following its deal with DWA. Shares are also getting a boost...

Netflix (NFLX) is up 4% premarket following its deal with DWA. Shares are also getting a boost from an upgrade to Buy from Merriman's Eric Wold. Wold thinks Netflix's near-term problems are "more than reflected" in its valuation, now that shares have fallen 55% since his July 6 downgrade, and he's still bullish on the company's positioning and long-term potential.
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Comments (3)
  • HiSpeed
    , contributor
    Comments (1210) | Send Message
     
    Once the growth story is over for any stock, the down-side is huge.

     

    I wouldn't be surprise to see NFLX in the double-digits soon.
    26 Sep 2011, 12:45 PM Reply Like
  • joey554
    , contributor
    Comments (605) | Send Message
     
    Eric Wold the same guy that the WSJ compared to Alfred E Neuman.
    26 Sep 2011, 04:34 PM Reply Like
  • joey554
    , contributor
    Comments (605) | Send Message
     
    Eric Wold the same guy whose responsible for every false rumor that has come from Redbox (CSTR)
    26 Sep 2011, 04:35 PM Reply Like
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