Before Friday’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.
Microsoft Boosted to “Buy”
Microsoft (MSFT ) has been upgraded from “Neutral” to “Buy” at Nomura. MSFT has a dividend yield of 2.86%.
Mattel Upgraded at Goldman
Mattel (MAT ) has been boosted to “Buy” at Goldman Sachs as new management is making strategic changes. MAT has a dividend yield of 5.26%.
Capital One Financial Downgraded at FBR Capital Markets
Capital One Financial (COF ) has been cut from “Market Perform” to “Outperform” at FBR Capital Markets as the company is facing higher costs and slower loan growth. COF has a dividend yield of 1.47%.
BB&T Corporation Downgraded at Compass Point
BB&T Corporation (BBT ) has been cut to “Neutral” at Compass Point as the company is lacking growth and is facing net interest margin pressure. BBT has a dividend yield of 2.54%.
Best Buy Cut to “Neutral”
Best Buy (BBY ) has been downgraded from “Overweight” to “Neutral” at JP Morgan due to slow sales in the beginning of 2015. BBY has a dividend yield of 2.55%.