Analyst Moves: Merck, Gap, Genuine Parts, More (MRK, GPS, GPC, More)

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.

BMO Capital Raises Estimates on Merck

BMO Capital has raised its price target on Merck (MRK ) to $65. The firm has also lifted estimates on MRK. MRK has a dividend yield of 3.01%.

RBC Starts Coverage on Gap Inc

RBC Capital has started coverage on Gap Inc (GPS ) with a “Sector Perform” rating and a $45 price target. GPS has a dividend yield 2.29%.

RBC Capital Initiates Coverage on Abercrombie & Fitch

RBC Capital has started coverage on Abercrombie & Fitch (ANF ) with an “Underperform” rating and a $17 price target. According to analysts, ANF has large sales growth headwinds. ANF has a dividend yield of 3.55%.

Genuine Parts Upgraded to “Buy”

Genuine Parts Company (GPC ) has been boosted to “Buy” at Sterne Agee. GPC has a dividend yield of 2.69%.