UPDATE: Stifel Nicolaus Upgrades DreamWorks Animation to Hold; Negative Catalysts Likely Left Behind
Posted on March 13, 2013 at 11:03 AM EDT
Stifel Nicolaus upgraded DreamWorks Animation SKG (NASDAQ: DWA ) from Sell to Hold. Stifel Nicolaus analyst Kevin Lee Hon Siong commented, "We are upgrading our rating on DreamWorks Animation from Sell to Hold. The upgrade is predicated on tracking for "Croods" (at $45-50mn) which is likely better than expected, as