Morgan Stanley Upgrades Dreamworks Animation To Overweight, Shares Gain

Analysts at Morgan Stanley upgraded Dreamworks Animation SKG

from Equal-weight to Overweight. The price target for Dreamworks Animation has been raised from $22 to $27. Dreamworks shares have dropped 27.24% over the past 52 weeks, while the S&P 500 index has gained 14.38% in the same period. Dreamworks Animation' shares gained 1.64% to $23.49 in pre-market trading.