Tuesday, January 25, 2005

Analyst cuts Netflix target price to $3: "Wedbush Morgan analyst Michael Pachter already had a 'sell' on Netflix going into the company's report of fourth-quarter results. Tuesday his firm added the DVD rental company to its 'focus list' as a recommended short sale with a $3 target. Arch-rival Blockbuster is on the list as a 'buy.'"—MarketWatch

NFLX is a proud member of the Bubble 2.0 Index, charts at right.