DreamWorks Animation Upgraded & Kroger Gets Price Target Raise
DreamWorks Animation (DWA) upgraded, Louisiana-Pacific (LPX) downgraded and price target revision for Kroger (KR) are Wednesday's Analysts' Actions. Morgan Stanley upgraded DreamWorks to OVERWEIGHT from EQUAL WEIGHT with its price target raised to $27 from $22. The analyst there says 'the risk/reward for the stock is wide but looks skewed to the upside.' Barclays is upping its price target for Kroger by $10 to $60 a share. The firm is keeping its EQUAL WEIGHT rating for the stock despite its bullish comments saying the grocery chain is an 'extremely well run company.' Barclays' analysts think 'the stock is fully valued at current levels.' Louisiana-Pacific was downgraded at RBC to UNDERPERFORM from SECTOR PERFORM. The downgrade stems from its views lumber prices will stay low over the next year. The firm is maintaining its $13 price target.