Dividend Investing Ideas Center
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Before Friday’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.
CBOE Holdings (CBOE) was downgraded to “Hold” from “Buy” at BofA/Merrill Lynch, as the company is seeing lighter volume trends. BofA/Merrill Lynch has a price target of $63 on CBOE, suggesting a 4% upside to the stock’s current price. CBOE has a dividend yield of 1.38%.
Crane Co. (CR ) was downgraded to “Market Perform” from “Outperform” at FBR Capital, due to the company seeing lower end-market demand. FBR has a price target of $67 on CR, suggesting a 2% downside to the stock’s current price. CR has a yield of 1.93%.
FedEx (FDX ) was upgraded to “Outperform” from “Neutral” at Credit Suisse, as the FedEx’s investment in its ground business should drive better returns. Credit Suisse has a price target of $203 on FDX, suggesting a 16% upside to the stock’s current price. FDX has a yield of 0.46%.
Kohl’s (KSS ) was upgraded to “Outperform” from “Market Perform” at Telsey Advisory, as Telsey believes KSS can sustain its sales growth. Telsey has a PT of $80 on KSS, suggesting the stock will rise by 12%. KSS has a yield of 2.51%.