Before Wednesday’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.
Nomura Raises Price Target on Walt Disney
Nomura has raised its price target on Disney (DIS) to $125. The firm has also increased estimates on DIS as the company is showing strong momentum across the board. DIS has a dividend yield of 1.03%.
Cooper Tire & Rubber Downgraded at Goldman
Cooper Tire & Rubber (CTB ) has been downgraded from “Neutral” to “Sell” at Goldman Sachs. According to the firm, CTB is facing increased competition overseas. CTB has a dividend yield of 1.12%.
Kennametal Upgraded to “Neutral”
Kennametal (KMT ) has been boosted to “Neutral” at Goldman Sachs due to the company’s restructuring. KMT has a dividend yield of 1.87%.