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

|About: Dreamworks Animation SKG Inc (DWA)|By:, 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)