Market Update: Netflix (NASDAQ:NFLX), FedEx (NYSE:FDX), Visa (NYSE:V), MasterCard (NYSE:MA)

After a week in which Netflix (NASDAQ:NFLX) shares shed more than 38% of their value, one of Wall Street’s most-bearish analysts raised his rating on the company, saying Netflix could be setting itself up to sell its online video-streaming business to Amazon.com Inc. Michael Pachter, of Wedbush Securities, lifted his rating on Netflix’s stock to outperform Thursday morning. Pachter also raised his price target on the stock to $155 a share from $110. Pachter’s reasons had to do with Netflix’s recent controversial plan to split into separate business operations for its DVD rentals and online video rentals, and specifically, what he sees as an effort to make the video-streaming business look appealing to Amazon for a potential buyout. Pachter said . . . → Read More: Market Update: Netflix (NASDAQ:NFLX), FedEx (NYSE:FDX), Visa (NYSE:V), MasterCard (NYSE:MA)