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The Market Wrap for September 11: A Short Yet Bumpy Week
In the end, stocks whipsawed through much of the shortened week.
Before Yesterday’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.
Coach Downgraded to Negative by OTR Global
OTR Global downgraded Coach (COH ) from Mixed to Negative.
Shares of Coach closed at $33.08 yesterday. Coach pays an annual dividend of $1.35 (paid quarterly )
Coty downgraded by Well’s Fargo to Market Perform
Wells Fargo downgraded Coty (COTY ) from Outperform to Market Perform.
Shares of Coty closed at $30.04 yesterday. Coty pays an annual dividend of $0.20.
Gap, Inc Downgraded by UBS to Neutral
UBS downgraded Gap (GPS ) from Buy to Neutral with a price target of $40 (prior $46).
Shares of Gap, Inc closed at $37.38 yesterday. Gap, Inc pays an annual dividend of $0.92 (paid quarterly).
Costco Upgraded by Oppenheimer to Outperform
Oppenheimer upgraded Costco (COST ) from Perform to Outperform with a price target of $160.
Shares of Costco closed at $139.45 yesterday. Costco pays an annual dividend of $1.60 (paid quarterly).
Mosaic Upgraded to Overweight by Atlantic Equities
Atlantic Equities upgraded Mosaic (MOS ) from Neutral to Overweight with a price target of $60.00.
Shares of Mosaic closed at $44.71 yesterday. Mosaic pays an annual dividend of $1.10 (paid quarterly).
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