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Analyst Moves: Whole Foods, Dick's Sporting Goods, and More (WFM, DKS, BKH)

Jared Cummans May 07, 2015

Before Thursday’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.

Whole Foods Receives Upgrade and Downgrade

Whole Foods Market (WFM ) was upgraded at RBC Capital from “sector perform” to “outperform” with a price target of $51. On the flip side, BofA/Merrill Lynch downgraded WFM from “buy” to “neutral” as it was concerned about its comps outlook.

Dick’s Sporting Goods Upgraded

BMO Capital upgraded Dick’s Sporting Goods (DKS ) from “market perform” to “outperform” with a price target of $63. The price target suggests a near 16% upside for the sporting retailer.

Black Hills Corp Downgraded

Credit Suisse downgraded Black Hills Corp (BKH ) from “outperform” to “neutral” as it believes that BKH will struggle with returns in the coming years.

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