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)
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