Netflix (NFLX) and the Streaming Wars Message Board

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Technology Stocks : Netflix (NFLX) and the Streaming Wars

NFLX 105.66

-3.9%

Nov 20 3:59 PM EST

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From: Gottfried	11/1/2012 10:49:07 AM
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"Netflix shares fall 4% as Oppenheimer cuts rating" marketwatch.com excerpt Oppenheimer analyst Jason Helfstein cut his rating on Netflix from outperform, or buy, to perform, or the equivalent of neutral, due to valuation issues. Helfstein also said, in a research note that while he believes Netflix has a strong competitive position, "Amazon's future behavior toward subscription video is not predictable and will limit [Netflix's] valuation."

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