Prior to the opening bell today, a few big-name dividend stocks were subject to analyst moves. The most important shifts of the day are highlighted below.
1. InterActive Corp. Upgraded to Equalweight by Morgan Stanley
Morgan Stanley upgraded InterActive Corp. (IACI ) from Underweight to Equalweight with a price target of $75.00 from $48.00. Shares of InterActive Corp. closed at $81.19 on Thursday. The company pays an annual dividend of $1.36, paid quarterly.
2. Vanguard Natural Resources Upgraded by BofA/Merrill Lynch
BofA/Merrill Lynch upgraded Vanguard Resources (VNR ) from Neutral to Buy with a price target of $18.00. Shares of Vanguard Resources closed at $15.17 on Thursday. VNR pays an annual dividend of $1.41, paid quarterly.
3. Target Downgraded by BMO Capital
BMO Capital downgraded Target (TGT ) from Outperform to Market Perform with a price target of $85 (unchanged). Shares of Target closed at $84.50 on Thursday. Target pays an annual dividend of $2.21, paid quarterly.
4. Atlas Resource Partners, L.P. Downgraded by BofA/ Merrill Lynch
BofA/Merrill Lynch downgraded Atlas Resource Partners, L.P. (ARP ) from Neutral to Underperform with a price target of $8.00 from $9.00. Shares of Atlas Resource Partners, L.P. closed at $6.92 on Thursday. ARP pays an annual dividend of $1.30, paid monthly.