This morning, Goldman Sachs lowered its EPS estimates on shares of Dreamworks Animation (NASDAQ:DWA) through 2013 citing weak US results. In the report, Goldman reiterated its neutral rating and its $26 price target.
Shares of DWA were lower on the news, falling just about 1% so far today.
And JP Morgan reduced its EPS estimates on shares of Smithfield Foods (SFD) through 2012 as rising corn prices and falling pork prices will impact margins negatively. In the report, JP Morgan maintained its neutral rating and its $20 price target.
Shares of Smithfield Foods were lower on Tuesday, falling 1.1% so far.
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