NFLX: Morgan Stanley Sees Stepped Up Amazon Competition
Morgan Stanley’s Scott Devitt this morning reiterates an Equal Weight rating on shares of Netflix (NFLX), writing that the company faces an increased threat in streaming video from Amazon.com (AMZN), which today made available an app for movie and TV streaming, rentals and purchases on Apple‘s (AAPL) iPad. “In and of itself, the Amazon Instant [...]
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