Barclays Maintains an 'Underweight' on DreamWorks Animation (DWA); Puss In Boots Helping, But Not Enough
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Price: $40.97 --0%
Rating Summary:
3 Buy, 6 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
3 Buy, 6 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Barclays maintains an 'Underweight' on DreamWorks Animation (NASDAQ: DWA) price target lowered $1 to $15.
Analyst, Anthony DiClemente, said, "Since its theatrical release in February, Puss in Boots has performed particularly well in the international box office and to a lesser extent the home entertainment market. But given the offsetting impact of lower expected non-film and library revenues, we are modestly lowering our EPS estimates, both for the 1Q, as well as FY '12 and '13." (FY12 cut from $1.01 to $0.93 and FY13 from $1.06 to $1.04)
For an analyst ratings summary and ratings history on DreamWorks Animation click here. For more ratings news on DreamWorks Animation click here.
Shares of DreamWorks Animation closed at $17.00 yesterday.
Analyst, Anthony DiClemente, said, "Since its theatrical release in February, Puss in Boots has performed particularly well in the international box office and to a lesser extent the home entertainment market. But given the offsetting impact of lower expected non-film and library revenues, we are modestly lowering our EPS estimates, both for the 1Q, as well as FY '12 and '13." (FY12 cut from $1.01 to $0.93 and FY13 from $1.06 to $1.04)
For an analyst ratings summary and ratings history on DreamWorks Animation click here. For more ratings news on DreamWorks Animation click here.
Shares of DreamWorks Animation closed at $17.00 yesterday.
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