Before today’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.
1. Raytheon Upgraded by RBC Capital
RBC Capital upgraded Raytheon (RTN ) from Outperform to Top Pick, with a price target of $132.00. Shares of Raytheon closed at $106.06 yesterday. The company pays an annual dividend of $2.68 (paid quarterly) and has a yield of 2.53%.
2. NVIDIA Upgraded by Jefferies
Jefferies upgraded NVIDIA (NVDA ) from Hold to Buy, with a price target of $30.00 (from $23.00). Shares of NVIDIA closed at $23.10 yesterday. The company pays an annual dividend of 39 cents (paid quarterly) and has a yield of 1.69%.
3. Hanesbrands Upgraded by Goldman Sachs
Goldman Sachs upgraded Hanesbrands (HBI ) from Neutral to Buy, with a price target of $40.00 (from $32.00). Shares of Hanesbrands closed at $30.26 yesterday. The company pays an annual dividend of 40 cents (paid quarterly) and has a yield of 1.32%.
4. Hasbro Downgraded by Goldman Sachs
Goldman Sachs downgraded Hasbro (HAS ) from Buy to Neutral, with a price target of $90.00. Shares of Hasbro closed at $80.25 yesterday. The company pays an annual dividend of $1.84 (paid quarterly) and has a yield of 2.29%.
