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Netflix (NFLX) Blows Off Downgrade, Breaks Above $100

January 10, 2012 8:36 AM EST
Get Alerts NFLX Hot Sheet
Price: $610.56 --0%

Rating Summary:
    42 Buy, 28 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 7 | Down: 12 | New: 10
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Netflix, Inc. (Nasdaq: NFLX) is blowing off this morning's downgrade to Sell at BofA/Merrill Lyncha and continuing to trade higher.

Shares last traded at $101.12, up 3%. The stock is up 46% so far this year.

BofA has had poor timing on its past rating changes on NFLX, so today's downgrade is being looked over.


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