What is the sentiment of this news? Please choose an answer from {strong negative/moderately negative/mildly negative/neutral/mildly positive/moderately positive/strong positive}.

Shares of Netflix Inc. NFLX, -1.64% were off more than 2% in premarket trading Monday after CFRA analyst Kenneth Leon downgraded the stock to sell from hold. He wrote that Netflix's stock is up 40% from its July low, but he thinks it could lag the S&P 500 SPX, -1.29% for the balance of the year.
moderately negative