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.