Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Go Premium Now
Best Dividend Stocks
Ex-Dividend Dates
High Yield Stocks
Guaranteed Income

stock market image


Analyst Moves: Caterpillar, Barclays, SYSCO, More (CAT, BCS, SYY, More)

Shauna O'Brien Feb 03, 2015

Before Tuesday’s opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst commentary for investors.

Caterpillar Downgraded at Argus

Caterpillar (CAT ) has been cut from “Buy” to “Hold” at Argus due to the company’s lower guidance and lack of near-term catalysts. CAT has a dividend yield of 3.46%.

Barclays Upgraded to “Overweight”

Barclays (BCS ) has been upgraded from “Equal-weight” to “Overweight” at Morgan Stanley. BCS has a dividend yield of 3.44%.

SYSCO Upgraded to “Buy”

SYSCO (SYY ) has been upgraded from “Hold” to “Buy” at Deutsche Bank on a valuation call, based on the firm’s $50 price target. SYY has a dividend yield of 3.12%.

See SYY’s Q2 earnings results here.

Freeport-McMoRan Downgraded at BofA/Merrill

Bank of America/Merrill Lynch has downgraded Freeport-McMoRan (FCX ) from “Buy” to “Neutral” as the company lacks near-term catalysts and may cut its dividend if commodity prices remain low. The firm has a $19 price target on FCX, suggesting an 8% upside. FCX has a dividend yield of 7.16%.

Jefferies Raises Estimates on Kohl’s

Jefferies has boosted its price target on Kohl’s (KSS ) to $71, suggesting a 15% upside. The firm has also raised estimates on KSS as the company is expected to post higher sales. KSS has a dividend yield of 2.54%.

Credit Suisse Raises PT on Avery Dennison

Credit Suisse has raised its price target on Avery Dennison (AVY ) to $56, suggesting a 9% upside. The firm has also boosted estimates on AVY as the company is seeing lower costs for raw materials. AVY has a dividend yield of 2.73%.

Popular Articles