UPDATE: Morgan Stanley Upgrades Netflix On International Opportunity
January 31, 2014 at 09:43 AM EST
In a report published Friday, Morgan Stanley analyst Scott Devitt upgraded Netflix (NASDAQ: NFLX ) from Underweight to Equal-weight following fourth quarter results. Devitt remarked on his prior expectation that Netflix “would enter a period of slowing US sub growth before International users could offset the slowdown. We were wrong.” Following