Shares of Netflix Inc. (NASDAQ: NFLX) have been stuck in a multi-month downtrend and, at $70, are trading close to where they sat nearly two years ago. That kind of stagnation would test any investor's patience, especially with earnings less than three weeks away.
Yet one recent move by a major bank has caught attention precisely because it seems to defy logic. That was Deutsche Bank, which earlier this week upgraded its rating on Netflix to Buy while simultaneously cutting its price target and lowering its earnings estimates.
