Share on StockTwits

DreamWorks Animation SKG (NASDAQ:DWA) was downgraded by investment analysts at Piper Jaffray from a “neutral” rating to an “underweight” rating in a note issued to investors on Wednesday, Analyst Ratings reports.

Separately, analysts at B. Riley raised their price target on shares of DreamWorks Animation SKG from $29.00 to $33.50 in a research note on Thursday, January 30th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $24.10.

Shares of DreamWorks Animation SKG (NASDAQ:DWA) traded down 12.19% during mid-day trading on Wednesday, hitting $30.91. The stock had a trading volume of 6,951,761 shares. DreamWorks Animation SKG has a 1-year low of $15.90 and a 1-year high of $36.01. The stock’s 50-day moving average is $33.72 and its 200-day moving average is $31.44. The company’s market cap is $2.590 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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.