A number of big-name dividend stocks were subject to analyst moves before the opening bell today. We highlight the most important changes, along with analyst commentary below.
1. Marriott International Upgraded by SunTrust
SunTrust Robinson Humphrey upgraded Marriott International (MAR ) from Neutral to Buy, with a price target of $92 (from $80). Shares of Marriott International closed at $67.72 yesterday. The company pays an annual dividend of $1 (paid quarterly) and has a yield of 1.48%.
2. Ralph Lauren Upgraded by Citi
Citi upgraded Ralph Lauren (RL ) from Neutral to Buy, with a price target of $125. Shares of Ralph Lauren closed at $108.07 yesterday. The company pays an annual dividend of $2 (paid quarterly) and has a yield of 1.85%.
3. Aegon NV Upgraded by Goldman Sachs
Goldman Sachs upgraded Aegon NV (AEG ) from Neutral to Buy. Shares of Aegon NV closed at $5.64 yesterday. The company pays an annual dividend of 27 cents (paid quarterly) and has a yield of 4.73%.
4. Entergy Corp. Downgraded by UBS
UBS downgraded Entergy Corp. (ETR ) from Neutral to Sell. Shares of Entergy Corp. closed at $63.54 yesterday. The company pays an annual dividend of $3.32 (paid quarterly) and has a yield of 5.23%.
