A number of big-name dividend stocks were subject to analyst moves before today’s opening bell. We highlight the most important changes, along with analyst commentary below.
1. Polaris Industries Upgraded by RBC Capital
RBC Capital upgraded Polaris Industries (PII ) from Sector Perform to Outperform, with a price target of $158.00. Shares of Polaris Industries closed at $129.56 yesterday. PII offers an annual payout of $2.12 (paid quarterly).
2. Schlumberger Upgraded by Citi
Citi upgraded Schlumberger (SLB ) from Neutral to Buy. Shares of Schlumberger closed at $75.41 yesterday. The company has an annual payout of $2.00 (paid quarterly).
3. Federal Realty Investment Trust Upgraded by Raymond James
Raymond James upgraded Federal Realty Investment Trust (FRT ) from Market Perform to Outperform, with a price target of $145.00. Shares of Federal Realty Investment Trust closed at $127.66 yesterday. The company offers an annual payout of $3.76 (paid quarterly).
4. Emerson Electric Co. Downgraded by Goldman Sachs
Goldman Sachs downgraded Emerson Electric Co. (EMR ) from Neutral to Sell, with a price target of $42.00 (from $49.00). Shares of Emerson closed at $46.79 yesterday. EMR offers an annual payout of $1.88 (paid quarterly).
5. Turkcell Iletisim Hizmetleri AS Downgraded by BofA/Merrill Lynch
BofA/Merrill Lynch downgraded Turkcell Iletisim Hizmetleri AS (TKC ) from Buy to Neutral.
Shares of TKC closed at $9.64 yesterday. The company offers an annual payout of $1.44 (paid annually).