View Full Version : DreamWorks Animation Shares Rises on Upgrade

09 September 2006, 03:39 PM
"Shares of DreamWorks Animation SKG Inc. climbed Tuesday after an analyst upgraded the animated film studio on a better forecast for next year.
David W. Miller, an analyst with Sanders Morris Harris Group Inc., lifted the company's rating to "Buy" from "Hold," calling DreamWorks' stock price "too compelling to ignore," following its sharp decline since its debut in November 2004. He also set a 12-month price target of $31.50, representing a 30 percent gain over its closing price Monday of $24.22."

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09 September 2006, 04:41 PM
Interesting, good for them! But are the stockholders still gonna cry, whine, and sue Dreamworks when the studio doesn't sell their DVDs "to expected numbers"?

I know that came of sounding pretty nasty, but it HAS happened before. Or maybe I'm just cranky 'cause I'm hungry. I'm goin' to lunch!

09 September 2006, 10:47 PM
I'm just happy that the stocks are rising. Disney's stock is going up too. ;)


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