Before Wednesday’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.
Estee Lauder Upgraded at Piper Jaffray
Estee Lauder (EL ) has been upgraded to “Overweight” at Piper Jaffray. The firm has a $100 price target on EL, suggesting a 20% upside from the stock’s current price. According to the firm, EL can deliver superior returns during the next few quarters and deserves a premium valuation. EL has a dividend yield 1.15%.
General Dynamics Upgraded at RBC Capital
General Dynamics (GD ) has been boosted to “Outperform” at RBC Capital on a valuation call. GD has a dividend yield of 2.04%.
Credit Suisse Cuts Estimates on Anadarko Petroleum
Credit Suisse has cut estimates on Anadarko Petroleum (APC ) due to its new guidance. The firm now has a $94 price target on ADC, suggesting a 16% upside. APC has a dividend yield of 1.33%.
Anheuser Busch Cut at HSBC
Anheuser Busch (BUD ) has been downgraded two notches from “Overweight” to “Reduce” at HSBC. BUD has a dividend yield of 2.65%.
Finish Line Downgraded at B. Riley
Finish Line (FINL ) has been cut from “Buy” to “Neutral” at B. Riley. FINL has a dividend yield of 1.48%.
Starwood Hotels & Resorts Downgraded to “Neutral”
Starwood Hotels & Resorts (HOT ) has been cut to “Neutral” at Suntrust on a valuation call. HOT has a dividend yield of 1.81%.
American Water Works Company Upgraded to “Outperform”
R.W. Baird has boosted its rating on American Water Works Company (AWK ) from “Neutral” to “Outperform”. AWK has a dividend yield of 2.28%.