This morning, Morgan Stanley lowered its EPS estimates on shares of Dreamworks (NASDAQ: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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