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Fly News Breaks for September 28, 2015
DWA
Sep 28, 2015 | 05:56 EDT
Piper Jaffray analyst James Marsh says the recent pullback in shares of DreamWorks Animation brings a "compelling" entry point for investors. The company's current quarter is tracking ahead of expectations and it is well positioned for 2016, Marsh tells investors in a research note. Further, DreamWorks' new media unit "AwesomenessTV" will soon be viewed by investors as a new driver of growth, the analyst contends. He reiterates an Overweight rating on the stock with a $31 price target.
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