Mon, May 28, 2012, 3:20 PM EDT - U.S. Markets closed for Memorial Day

Netflix's competitive positioning remains strong, says Credit Suisse

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NFLX70.22-0.05

Credit Suisse said Comcast's Xfinity Streampix offering will offer older TV shows and feature films to existing Comcast video subscribers. The firm said Comcast is not competing with Netflix in all U.S. markets and that Netflix competitive positioning remains strong. Shares are Outperform rated.

 

1 comment

  • Peace  •  3 months ago
    The idiots playing the stock are participating in a sell-off just cause Comcast announced a competitive service. How ridiculous for a stock to fall 5% just because of a competitor's announcement for starting a new service! Just dumb I tell you.
 
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