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Dreamworks Animation Skg (NYSE:DWA) was downgraded by Topeka Capital Markets from a “hold” rating to a “sell” rating in a research note issued on Friday, reports.

Dreamworks Animation Skg (NYSE:DWA) opened at 28.15 on Friday. Dreamworks Animation Skg has a one year low of $19.00 and a one year high of $36.01. The stock’s 50-day moving average is $27.35 and its 200-day moving average is $31.09. The company has a market cap of $2.381 billion and a price-to-earnings ratio of 43.31.

Dreamworks Animation Skg (NYSE:DWA) last released its earnings data on Tuesday, February 25th. The company reported $0.33 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.33. The company had revenue of $204.30 million for the quarter, compared to the consensus estimate of $236.77 million. On average, analysts predict that Dreamworks Animation Skg will post $0.62 earnings per share for the current fiscal year.

A number of other analysts have also recently weighed in on DWA. Analysts at B. Riley upgraded shares of Dreamworks Animation Skg from a “neutral” rating to a “buy” rating in a research note on Monday, March 10th. They now have a $37.00 price target on the stock, up previously from $32.00. Separately, analysts at Zacks downgraded shares of Dreamworks Animation Skg from an “outperform” rating to a “neutral” rating in a research note on Thursday, February 27th. They now have a $38.70 price target on the stock. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $28.03.

DreamWorks Animation SKG, Inc (NYSE:DWA) is engaged in the development, production and exploitation of animated films and their associated characters in the worldwide theatrical, home entertainment, television, merchandising and licensing and other markets.

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