Seeking Alpha

Analysis: The worst is over for DreamWorks Animation

  • Piper Jaffray lifts its ratings on DreamWorks Animation (DWA +3.1%) to a Neutral rating after having the entertainment stock slotted at Underperform.
  • The investment firm thinks the company has navigated around its worst patch of earnings news.
  • The studio didn't quite hit expectations with How To Train Your Dragon 2 which set off a wave of selling.
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Comments (2)
  • Mike Arnold, CFA
    , contributor
    Comments (1878) | Send Message
    Theatrical releases are always precarious moments for short term share price performance. Great to be a long term holder and pick up shares cheaply. Nice alert, thanks.
    30 Jun, 10:59 AM Reply Like
  • Mike Serebrennik
    , contributor
    Comments (771) | Send Message
    I watch both DIS and DWA animation movies and find that DWA films do not have the same "soul" as DIS films do. Yet, long DWA and regrettably, missed my chance to buy DIS at an attractive price a couple of years ago.
    30 Jun, 12:59 PM Reply Like
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