Before Tuesday’s opening bell, a number of big-name dividend stocks were the subject of analyst upgrades and downgrades. Below, we highlight the moves investors need to know.
Cowen Upgraded Potash Corp.
Cowen upgraded Potash Corp. (POT ) from Underperform to Market Perform with a price target of $32.00—up from $29.00. Shares of Potash Corp. closed at $32.71 yesterday.
NetEase.com Upgraded by Citi
Citi upgraded NetEase.com (NTES ) from Neutral to Buy. NetEase.com wrapped Monday’s trading session with a closing price of $141.32.
Wunderlich Securities Downgrades Plains GP Holdings, L.P.
Wunderlich Securities downgraded Plains GP Holdings, L.P. (PAGP ) from Buy to Hold with a price target of $31.00. Shares of Plains GP Holdings, L.P. closed Monday at $29.63.
Huntington Ingalls Downgraded by BofA/Merrill Lynch
BofA/Merrill Lynch downgraded Huntington Ingalls (HII ) from Buy to Neutral with a price target of $135.00—down from $150.00. Yesterday, Huntington Ingalls closed at $123.50.