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.
Colgate-Palmolive Downgraded at Goldman
Colgate-Palmolive (CL ) has been downgraded from “Neutral” to “Sell” at Goldman Sachs. CL has a dividend yield of 2.19%.
General Mills Upgraded to “Neutral”
General Mills (GIS ) has been boosted from “Sell” to “Neutral” at Goldman Sachs. GIS has a dividend yield of 3.14%.
BMO Capital Raises Estimates on Citigroup
BMO Capital has raised estimates on Citigroup (C ) through 2016 as the company is seeing higher utilization and lower costs. C has a dividend yield of 0.08%.
Marathon Oil Upgraded at Morgan Stanley
Marathon Oil (MRO ) has been boosted from “Equal Weight” to “Overweight” at Morgan Stanley on a valuation call. The firm noted that MRO has underperformed compared to its peers in 2015. MRO has a dividend yield of 2.75%.
Nomura Initiates Coverage on Hershey
Nomura has started coverage on Hershey (HSY ) with a “Reduce” raring and an $88 price target. HSY has a dividend yield of 2.13%.
Goldman Downgrades Church & Dwight
Church & Dwight (CHD ) has been cut from “Buy” to “Neutral” at Goldman Sachs on a valuation call. CHD has a dividend yield of 1.58%.
