Netflix (NFLX -5.5%) shares continue to slide, apparently from yesterday’s news that Comcast...

|By:, SA News Editor

Netflix (NFLX -5.5%) shares continue to slide, apparently from yesterday’s news that Comcast (CMCSA) will offer its own streaming video service, but the company receives favorable comments today following Credit Suisse's endorsement. Piper Jaffray reiterates its Overweight rating and $130 price target, believing NFLX's "content lead is growing" even as Amazon (AMZN) and Hulu are “gaining traction."