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 (NYSE: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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