Barclays Starts DreamWorks Animation (DWA) at Underweight, Sets $18 Target

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An analyst at Barclays initiated coverage on shares of DreamWorks Animation (NASDAQ: DWA) with an Underweight rating and an $18 price target Monday morning.

The firm cites recently declining DVD sales and constrained upside from digital revenue.

With shares of DreamWorks trading just under $21 this morning, Barclays' new price target represents potential downside of about 14 percent.

For more ratings news on DreamWorks Animation click here and for the rating history of DreamWorks Animation click here.

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