Before Wednesday’s opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the most important analyst commentary for investors.
Hewlett-Packard Company Upgraded to “Buy”
Hewlett-Packard Company (HPQ ) has been boosted to “Buy” at Jefferies. HPQ has a dividend yield of 2.05%.
Credit Suisse Initiates Coverage on Starbucks
Credit Suisse has started coverage on Starbucks (SBUX ) with a “Neutral” rating and a $97 price target. SBUX has a dividend yield of 1.35%.
Deutsche Bank Downgrades American Airlines
American Airlines (AAL ) has been cut from “Buy” to “Hold” at Deutsche Bank. According to the firm, AAL is likely to see lower international earnings. AAL has a dividend yield of 0.76%.
Credit Suisse Initiates Coverage on Allstate
Credit Suisse has started coverage on Allstate (ALL ) with an “Outperform” rating and a $84 price target. ALL has a dividend yield of 1.69%.
JP Morgan Downgrades BB&T
BB&T Corporation (BBT ) has been cut to “Neutral” at JP Morgan on a valuation call. BBT has a dividend yield of 2.46%.
Delta Air Lines Downgraded at Deutsche Bank
Delta Air Lines (DAL ) has been cut to “Hold” at Deutsche Bank as the company is facing increased competition. DAL has a dividend yield of 0.80%.