Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Prior to the opening bell today, a few big name dividend stocks were subject to analyst moves. The most important shifts of the day are highlighted below:
1. Wells Fargo upgraded to overweight by JPMorgan
JPMorgan upgraded Wells Fargo (WFC ) from Neutral to Overweight, with a price target of $58.50.
Shares of Wells Fargo closed at $52.54 yesterday. The company pays an annual dividend of $1.50 (paid quarterly) and has a yield of 2.85%.
2. Weyerhaeuser upgraded to neutral by UBS
UBS upgraded Weyerhaeuser (WY ) from Sell to Neutral.
Shares of Weyerhaeuser closed at $28.55 yesterday. The company pays an annual dividend of $1.24 (paid quarterly) and has a yield of 4.34%.
3. Arcelor Mittal upgraded to overweight by JPMorgan
JPMorgan upgraded Arcelor Mittal (MT ) from Neutral to Overweight.
Shares of Arcelor Mittal closed at $6.38 yesterday. The company pays an annual dividend of 68 cents (paid quarterly) and has a yield of 10.66%.
4. PACCAR downgraded to neutral by JPMorgan
JPMorgan downgraded PACCAR (PCAR ) from Overweight to Neutral with a price target of $55.00 (from $70.00).
Shares of PACCAR closed at $55.80 yesterday. The company pays an annual dividend of 96 cents (paid quarterly) and has a yield of 1.72%.
5. Franklin Resources downgraded to hold by Deutsche Bank
Deutsche Bank downgraded Franklin Resources (BEN ) from Buy to Hold, with a price target of $40.00 (from $44.00).
Shares of Franklin Resources closed at $38.89 yesterday. The company pays an annual dividend of 60 cents (paid quarterly) and has a yield of 1.55%.
