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Analyst Moves: Union Pacific, Hanesbrands and more

Before Friday’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.

Hanesbrands Upgraded to Buy

DA Davidson upgraded Hanesbrands (HBI ) from Neutral to Buy.
Shares in Hanesbrands closed yesterday at $31.10. Hanesbrands pays an annual dividend of 40 cents.

TD Securities Upgrades Union Pacific to Buy

TD Securities Upgrades Union Pacific (UNP ) from Hold to Buy based on the underperformance of share prices. The new target price for UNP is $120.00. UNP opened this morning at $102.19. UNP pays a quarterly dividend of 55 cents.

Raymond James Downgrades Standard Pacific

Raymond James Downgrades Standard Pacific (SPF) to Market Perform. At the same time, Raymond James removed its price target, previously $9.00.

Shares of SPF opened today at $8.24

Raymond James Downgrades Lennar

Raymond James downgraded Lennar (LEN ) from Outperform to Market Perform. Shares of Lennar closed Thursday’s market at $47.28.