DreamWorks: Feeling Flushed

Analysts are less than impressed by the animation studio's strong results and doubt its other releases can match the Shrek pics' success

The fairy tale could be over for shareholders of DreamWorks Animation (DWA), the studio responsible for the computer-generated fantasy Shrek. On Nov. 1 the Glendale (Calif.) studio's share price brushed a 52-week high of $29.40 after it announced third-quarter results that beat Wall Street expectations. But in the face of intense competition, analysts are divided on whether the computer-generated imagery (CGI)-focused filmmaker can maintain its animated performance.

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