Tuesday Analyst Moves: Johnson & Johnson, Yum! Brands, Inc., Target Corporation, More (JNJ, YUM, TGT, More)

Tuesday Analyst Moves: Johnson & Johnson, Yum! Brands, Inc., Target Corporation, More (JNJ, YUM, TGT, More)

RSS

Before Tuesday’s opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst commentary for investors.

Johnson & Johnson Downgraded at RBC Capital

Johnson & Johnson (JNJ) has been downgraded at RBC Capital from “Outperform” to “Sector Perform.” Analysts see new product momentum driving growth. The firm currently has a $104 price target on JNJ, suggesting a 13% increase from the stock’s current price of $92.33. JNJ has a current dividend yield of 2.86%.

RBC Capital Downgrades Baxter International

RBC Capital has cut its rating on Baxter International Inc. (BAX) from “Outperform” to “Sector Perform” as the company is facing more competition. The firm has a $73 price target on BAX, suggesting a 5% increase from the stock’s current price of $69.42. BAX has a dividend yield of 2.82%.

Yum! Brands Upgraded at RBC Capital; Upside in China Expected

Yum! Brands, Inc. (YUM) has been upgraded at RBC Capital from “Outperform” to “Top Pick” as Chinese sales are expected to recover. The firm currently has a $87 price target on YUM, suggesting a 15% upside from the stock’s current price of $75.50. YUM has a dividend yield of 1.96%.

Mattel Downgraded at Goldman Sachs

Mattel, Inc. (MAT) has been cut to “Sell” at Goldman Sachs as domestic sales have declined. The firm currently has a $40 price target on MAT, suggesting a 14% drop from the stock’s current price of $46.62. The stock has a dividend yield of 3.09%.

Topeka Capital Cuts Rating on Monsanto

Monsanto Company (MON) has been downgraded from “Buy” to “Hold” at Topeka Capital due to a valuation call. The firm currently has a $127 price target on MON, suggesting a 10% increase from the stock’s current price of $115.68. MON has a dividend yield of 1.49%.

BMO Capital Lifts Rating on SunTrust Banks

BMO Capital has raised its rating on SunTrust Banks, Inc. (STI) from “Market Perform” to “Outperform.” The firm currently has a $42 price target on STI, suggesting a 13% upside from the stock’s current price of $36.80. STI has a dividend yield of 1.09%.

Goldman Sachs Adds Capital One to Conviction Buy List

Goldman Sachs reported that it has added Capital One Financial Corp. (COF) to its Conviction Buy List with a $90 price target. This price target suggests a 17% increase from the stock’s current price of $76.59. Analysts see credit card growth raising margins. COF has a current dividend yield of 1.57%.

JP Morgan Upgrades BB&T Corporation

BB&T Corporation (BBT) has been raised to “Overweight” at JP Morgan. Analysts see regional banks recovering from Fed tapering. BBT currently has a dividend yield of 2.46%.

Becton, Dickinson and Co. Upgraded at BofA/Merrill

Bank of America/Merrill Lynch has raised its rating on Becton, Dickinson and Co. (BDX) to “Neutral” as sales are expected to stabilize. The firm has a $117 price target on BDX, suggesting a 7% rise from the stock’s current price of $109.45. BDX has a dividend yield of 1.99%.

Humana Cut to Sell at Deutsche Bank on Lower Premium Prices

Humana Inc (HUM) has been downgraded at Deutsche Bank from “Hold” to “Sell” as the company is now seeing lower premium prices. The firm currently has an $87 price target on HUM, suggesting a 13% decline from the stock’s current price of $100.76. HUM currently yields 1.07%.

KeyBanc Raises Rating on Sherwin-Williams

Sherwin-Williams Company (SHW) has been upgraded at KeyBanc as end-market demand is improving. KeyBanc currently has a $220 price target on SHW, suggesting that the stock will rise 21% from its current price of $182.69. Currently, SHW has a dividend yield of 1.09%.

BMO Capital Cuts PT of Target

BMO Capital has cut its price target on Target Corporation (TGT) to $75. This new price target suggests a 19% increase from the stock’s current price of $63.06. The firm has also lowered its estimates on TGT due to bad weather and the stolen credit card data during the holidays. TGT has a dividend yield of 2.73%

Free Updates

Join over 100,000 investors who get the latest news from Dividend.com.

Best Dividend Stocks

Looking for stocks that are poised for growth and pay solid dividends? Visit our list of the:

Best Dividend Stocks

Best CD Rates

Sitting on some extra cash and looking for the most current and profitable CD Rates?

Get The Best CD Rates

14 Day Free Trial

Earn more from your dividend portfolio within the next 14 days.

Sign Up Today