Before Thursday’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.
Whole Foods Receives Upgrade and Downgrade
Whole Foods Market (WFM ) was upgraded at RBC Capital from “sector perform” to “outperform” with a price target of $51. On the flip side, BofA/Merrill Lynch downgraded WFM from “buy” to “neutral” as it was concerned about its comps outlook.
Dick’s Sporting Goods Upgraded
BMO Capital upgraded Dick’s Sporting Goods (DKS ) from “market perform” to “outperform” with a price target of $63. The price target suggests a near 16% upside for the sporting retailer.
Black Hills Corp Downgraded
Credit Suisse downgraded Black Hills Corp (BKH ) from “outperform” to “neutral” as it believes that BKH will struggle with returns in the coming years.