Before Wednesday’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.
Estee Lauder Upgraded at Piper Jaffray
Estee Lauder (EL) has been upgraded to “Overweight” at Piper Jaffray. The firm has a $100 price target on EL, suggesting a 20% upside from the stock’s current price. According to the firm, EL can deliver superior returns during the next few quarters and deserves a premium valuation. EL has a dividend yield 1.15%.
General Dynamics Upgraded at RBC Capital
General Dynamics (GD ) has been boosted to “Outperform” at RBC Capital on a valuation call. GD has a dividend yield of 2.04%.
Credit Suisse Cuts Estimates on Anadarko Petroleum
Credit Suisse has cut estimates on Anadarko Petroleum (APC) due to its new guidance. The firm now has a $94 price target on ADC, suggesting a 16% upside. APC has a dividend yield of 1.33%.
Anheuser Busch Cut at HSBC
Anheuser Busch (BUD ) has been downgraded two notches from “Overweight” to “Reduce” at HSBC. BUD has a dividend yield of 2.65%.
Finish Line Downgraded at B. Riley
Finish Line (FINL) has been cut from “Buy” to “Neutral” at B. Riley. FINL has a dividend yield of 1.48%.
Starwood Hotels & Resorts Downgraded to “Neutral”
Starwood Hotels & Resorts (HOT) has been cut to “Neutral” at Suntrust on a valuation call. HOT has a dividend yield of 1.81%.
American Water Works Company Upgraded to “Outperform”
R.W. Baird has boosted its rating on American Water Works Company (AWK ) from “Neutral” to “Outperform”. AWK has a dividend yield of 2.28%.
