DreamWorks Animation SKG Given New $29.00 Price Target at Cowen and Company (DWA)
Analysts at Cowen and Company increased their target price on shares of DreamWorks Animation SKG (NASDAQ:DWA) from $22.00 to $29.00 in a research report issued to clients and investors on Monday, Stock Ratings Network reports. The firm currently has a “market perform” rating on the stock. Cowen and Company’s price target would suggest a potential upside of 1.90% from the company’s current price.
A number of other analysts have also recently weighed in on DWA. Analysts at B. Riley downgraded shares of DreamWorks Animation SKG (NASDAQ:DWA) from a “buy” rating to a “neutral” rating in a research note to investors on Monday, September 23rd. Analysts at Janney Montgomery Scott raised their price target on shares of DreamWorks Animation SKG (NASDAQ:DWA) from $24.50 to $27.00 in a research note to investors on Tuesday, July 9th. They now have a “buy” rating on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. DreamWorks Animation SKG presently has an average rating of “Hold” and an average price target of $21.75.
DreamWorks Animation SKG (NASDAQ:DWA) traded down 0.97% on Monday, hitting $28.46. 779,890 shares of the company’s stock traded hands. DreamWorks Animation SKG has a one year low of $15.90 and a one year high of $30.44. The stock’s 50-day moving average is $28.71 and its 200-day moving average is $23.79. The company’s market cap is $2.381 billion.
DreamWorks Animation SKG, Inc (NASDAQ:DWA) is engaged in the development, production and exploitation of animated films and characters in the worldwide theatrical, home entertainment, television, merchandising, and licensing and other markets.
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