UPDATE: Morgan Stanley Raises PT on DreamWorks Animation on Mixed Factors
September 25, 2013 at 11:15 AM EDT
In a report published Wednesday, Morgan Stanley analyst Benjamin Swinburne reiterated an Underweight rating on DreamWorks Animation SKG (NASDAQ: DWA ), and raised the price target from $22.00 to $26.00. In the report, Morgan Stanley noted, “Lowering ‘13E on Turbo but raising ‘15E on higher licensing and film library revs.
