Citron Research warns on Netflix

|By:, SA News Editor

Citron Research sees headwinds for Netflix (NFLX +2.5%) on the road ahead.

The short-selling firm points to the AT&T-Time Warner combination, Disney's M&A focus, Amazon's war chest and Apple's content push as just some of the roadblocks in front of Netflix.

Citron expects a drop in Netflix's share price to $340 and warns against buying the dip.

Full Citron report (.pdf)