Goldman Sachs Has Buy On Netflix, Inc. (NFLX)

Goldman Sachs has a Buy rating on shares of Netflix, Inc. NFLX. In a note to clients, Goldman writes, "While we do not believe the shift of past seasons of “Californication” and “Dexter” to Showtime Anytime in itself has a material impact on Netflix, this move does demonstrate that it could become incrementally more difficult for Netflix to attain streaming access to original TV series on other premium cable channels, such as HBO (none of HBO's original TV series are available for streaming on Netflix currently). We do not see Showtime's move as unrelated to Netflix's recent purchase of first run rights for David Fincher's “House of Cards.” With the purchase of more original content, Netflix could become more like the premium cable TV channels." Shares of NFLX are up 62 cents in pre-market trading to $222.01, a gain of 0.3%.