Netflix at risk again, Barclays says and downgrades shares
Netflix has appeared to claw its way back from a turbulent 2011, but Barclays is warning of new threats in the company's future.
In a report issued today, Barclays analyst Anthony DiClemente downgraded Netflix's stock to a hold rating. Much of what's giving DiClemente the heebie jeebies about Netflix shares we've heard before: Amazon is adding more and more titles to the company's Prime streaming-video library, the costs of acquiring content are skyrocketing, and there are more competitors in the United States and in overseas markets.
But dig into DiClemente's numbers a little and … Read more
