Analysts are having some difficulty getting a clear picture of Netflix's streaming future -- and its stock is paying the price.
Shares in the Web video-rental service fell 8 percent to $67. 75 in morning trading after Merrill Lynch/BofA downgraded the stock. Yesterday, Netflix closed up 10 percent after Morgan Stanley analyst Scott Devitt raised his rating and boosted his price target to $85.
Last Wednesday, Mark Mahaney, a Citigroup analyst also helped send the stock price up when he called Netflix a "screaming buy." The upgrades were based in part on the belief that Amazon … Read more