Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience


Pricing
Go Premium Now
Login
Best Dividend Stocks
Ex-Dividend Dates
High Yield Stocks
Strategies
Tools
Articles
Premium
Advisors
Guaranteed Income

Stock News: Analyst Moves for July 30: LUV, CHH  & More

News

Stock News: Analyst Moves for July 30 - LUV, CHH & More

Rupert Hadlow Jul 30, 2015


Below are the dividend stocks that were subject to analyst moves before the bell. Analysts weigh in with insight and commentary as to what you can expect going forward.


1. Southwest Airlines Upgraded by JP Morgan


Regional airline Southwest Airlines (LUV ) saw its stock upgraded to Overweight from Buy on Thursday, with JP Morgan increasing their price target to $50. Recently, the company announced a 47% rise in their Earnings Per Share, with operating margins also coming in better than expected. Finishing Wednesday’s session at $35.52 (down 1.5%), Southwest Airlines’ adjusted dividend yield is 0.84%, with an annual payout of $0.30 (paid quarterly). The stock is 24.70% from its 52-week high.


2. Choice Hotels Upgraded by JP Morgan


Choice Hotels (CHH ), the hotel and lodging chain, was upgraded by JP Morgan on Wednesday, with the bank putting the stock on their Neutral list. Their new price target is $51. The company confirmed better-than-expected earnings on the 29th, with an EPS of 62 cents and revenue of $232.2 million. Finishing Wednesday’s session at $50.80 (down 2.6%), Choice Hotels’ adjusted dividend yield is 1.54%, with an annual payout of $0.78 (paid quarterly). The stock is 22.22% from its 52-week high.


3. PG&E Downgraded by Credit Suisse


Diversified utilities company Pacific Gas & Electric (PCG ) saw its stock downgraded on Thursday, with Credit Suisse shifting their rating to Neutral. Their new price target is $58. Announcing a 6.7% rise in revenues for the quarter, the San Francisco-based company confirmed a softening in their earnings guidance for 2015. Finishing Wednesday’s session at $52.34 (up 0.1%), PG&E’s adjusted dividend yield is 3.48%, with an annual payout of $1.82 (paid quarterly). The stock is 13.07% from its 52-week high.


4. Whole Foods Market Downgraded by Morgan Stanley


Whole Foods Market (WFM ) was downgraded by Morgan Stanley on Thursday, with the investment bank confirming an Equal Weight rating. Their new target price is $37. The grocer reported Q3 earnings of 43 cents per share yesterday, which was 2 cents below consensus forecasts. Gross margins fell to 35.6%, with revenue at $3.63 billion. Finishing Wednesday’s session at $40.82, Whole Foods’ adjusted dividend yield is 1.27% with an annual payout of $0.52. The stock is 29.10% from its 52-week high.


5. Garmin Downgraded by JP Morgan


Consumer technology supplier Garmin (GRMN ) saw its stock downgraded to Underweight by JP Morgan on Thursday, with a new price target of $40. Finishing Wednesday’s session at $42.69 (down 0.2%), Garmin’s adjusted dividend yield is 7.50%, with an annual payout of $3.20. The stock is 30.87% from its 52-week high.

Popular Articles