Piper Jaffray believes Netflix's (NasdaqGS:NFLX) price increase coupled with Blockbuster kiosk operator NCR's (NCR) evaluation of strategic alternatives for its entertainment business, which may include exiting the business, are positives for Coinstar's (CSTR) Redbox. The firm believes both events could drive share gains for Redbox over the next several quarters and maintains an Overweight rating on Coinstar shares.
The market is hovering around flatline ahead of the most highly anticipated Federal Reserve meeting of the year. …