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Dreamworks (DWA -1.7%) suffers its second stock downgrade in a week, as Piper Jaffray lowers...

Dec. 05, 2011 3:48 PM ETDreamworks Animation SKG Inc (DWA) StockDWABy: Carl Surran, SA News Editor
Dreamworks (DWA -1.7%) suffers its second stock downgrade in a week, as Piper Jaffray lowers shares to Neutral and slashes its target price to $20 from $33, citing concerns about competition: "Recent performance of [its] films... suggests saturation in the family genre. While share of box for family genre has increased, per film performance has slipped." (prior)

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