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Fly News Breaks for March 30, 2015
DWA
Mar 30, 2015 | 08:44 EDT
FBR Capital raised its profit estimate for "Home" to $84M from $9M after the movie's opening weekend came in well above expectations. The firm, however, still believes DreamWorks' average movie performance is not supportive of its "high earnings multiples." FBR raised its price target for shares to $18 from $14 and keeps an Underperform rating on the name.
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