Topeka Capital Downgrades Dreamworks Animation To Sell

Analysts at Topeka Capital downgraded Dreamworks Animation SKG (NASDAQ: DWA) from Hold to Sell.

The price target for Dreamworks Animation has been lowered from $23 to $17.

Dreamworks Animation shares have declined 36.02% over the past 52 weeks, while the S&P 500 index has gained 14.30% in the same period.

Dreamworks Animation's shares fell 0.32% to $21.78 in pre-market trading.