UPDATE: Bank of America Reiterates Netflix at Underperform; Momentum Eschewing Fundamental Risks

Bank of America maintained Netflix (NASDAQ: NFLX ) with an Underperform rating and a $96 price target. Bank of America said, "Since reporting Q4 results on Jan. 23d, Netflix stock has rallied 73%. Although results beat expectations, we believe the stock has moved too far too fast given limited