
Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
News
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 Liquid error: internal 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 Liquid error: internal 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 Liquid error: internal 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%.