Before Monday’s opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the most important analyst commentary for investors.
Microsoft Upgraded at Wells Fargo
Microsoft (MSFT ) has been boosted to “Outperform” at Wells Fargo on a valuation call. According to analysts, MSFT is likely facing XP and currency risks. MSFT has a dividend yield of 3.08%.
Qualcomm Downgraded at FBR Capital Markets
Qualcomm (QCOM ) has been cut to “Market Perform” at FBR Capital Markets. The firm has also removed QCOM from its Top Picks List as the company facing increased competition. QCOM has a dividend yield of 2.47%.
RBC Capital Lowers Estimates on McDonald’s
RBC Capital has lowered its estimates on McDonald’s (MCD ) through 2016 as the company is seeing lower U.S. sales, higher labor costs and currency pressures. MCD has a dividend yield of 3.55%.
FBR Capital Markets Downgrades Gannett
Gannett (GCI ) has been cut from “Outperform” to “Market Perform” at FBR Capital Markets on a valuation call. GCI has a dividend yield of 2.14%.
CONSOL Energy Cut to “Hold”
CONSOL Energy Inc. (CNX ) has been downgraded from “Buy” to “Hold” at Deutsche Bank as the company is leveraged to lower natural gas and coal prices. CNX has a dividend yield of 0.86%.