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

|By:, SA News Editor

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.