This morning, Morgan Stanley lowered its EPS estimates on shares of Dreamworks (DWA) through 2012 as the sequal to Kung Fun Panda is performing worse than expected. With the lower earnings estimates, Morgan Stanley reiterated its underweight rating and set a price target of $21 per share.
Dreamwork shares were lower on Monday, falling 2.4% so far.
And UBS lowered its EPS estimates on shares of LyondellBasell (NYSE:LYB) through 2012 as lower spot prices could disrupt earnings in the short term. In the report, UBS set its price target at $47 per share and maintained its buy rating.
Shares of LYB were falling on the news, off 3.1% today.
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