An upgrade to Neutral from B. Riley helps Netflix (NFLX +3.1%) rally ahead of today's Q1 report;...
An upgrade to Neutral from B. Riley helps Netflix (NFLX +3.1%) rally ahead of today's Q1 report; the firm cites the 17% drop seen in shares over the last month as a reason for changing its stance. It's worth noting B. Riley cut Netflix to Sell on July 25, 2012, as shares got crushed thanks to poor Q3 guidance. Netflix closed that day at $60.28, 64% below its current price. (earlier)
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