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. BlackRock Upgraded by Gabelli
Gabelli upgraded BlackRock (BLK ) from Hold to Buy. Shares of BlackRock closed at $307.90 yesterday. BlackRock offers an annual payout of $8.72 (paid quarterly) and has a yield of 2.83%.
2. JPMorgan Upgraded by BMO Capital
BMO Capital upgraded JPMorgan (JPM ) from Market Perform to Outperform. Shares of JPMorgan closed at $63.58 yesterday. The company offers an annual payout of $1.76 (paid quarterly) and has a yield of 2.77%.
3. Oracle Upgraded by SunTrust
SunTrust Robinson Humphrey upgraded Oracle (ORCL ) from Neutral to Buy, with a price target of $48.00. Shares of Oracle closed at $37.99 yesterday. The company offers an annual payout of 60 cents (paid quarterly) and has a yield of 1.56%.
4. SanDisk Downgraded by Goldman Sachs
Goldman Sachs downgraded SanDisk (SNDK ) from Buy to Neutral and lowered its price target to $55.00 (from $73.00) on softer NAND supply-demand outlook. Shares of SanDisk closed at $55.72 yesterday. The company offers an annual payout of $1.20 (paid quarterly) and has a yield of 2.20%.
5. WestRock LLC Downgraded by KeyBanc
KeyBanc downgraded WestRock LLC (WRK ) from Overweight to Sector Weight. Shares of WestRock LLC closed at $59.68 yesterday. The company offers an annual payout of $1.50 (paid quarterly) and has a yield of 2.51%.
