Netflix Inc. advanced to the highest price in more than two months after Morgan Stanley upgraded the stock to “overweight,” the equivalent of “buy,” saying that competition from Amazon.com’s Prime Instant service is ‘‘overblown.” Amazon would probably have to spend as much $1.2 billion more to match Netflix’s content, the firm said.
Unlimited access to BostonGlobe.com for only 99 cents for the first 4 weeks.Sign up
Are you a home delivery subscriber?
Get FREE access as part of your print subscriptionStart Here
Contact us for help