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 Downgraded at BofA/Merrill Lynch

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%.

FBR Downgrades Crane

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%.

Credit Suisse Upgrades FedEx

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%.

Telsey Upgrades Kohl’s

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%.