Stock News: Analyst Moves for October 12: XOM, PPG, RTN & More

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

Barclays upgraded ExxonMobil (XOM ) from Underweight to Equalweight with a price target of $85.00 (from $80.00).
Shares of ExxonMobil closed at $79.26 yesterday. The company pays an annual dividend of $2.92 (paid quarterly) and has a yield of 3.68%.

Goldman Sachs upgraded PPG Industries (PPG ) from Neutral to Buy with a price target of $113.00 (from $107.00).
Shares of PPG Industries closed at $95.97 yesterday. The company pays an annual dividend of $1.44 (paid quarterly) and has a yield of 1.49%.

JPMorgan upgraded Raytheon (RTN ) from Neutral to Overweight with a price target of $130.00 (from $121.00).
Shares of Raytheon closed at $111.46 yesterday. The company pays an annual dividend of $2.68 (paid quarterly) and has a yield of 2.40%.

Barclays downgraded Cenovus Energy Inc. (CVE ) from Equalweight to Underweight with a price target of $23 (unchanged).
Shares of Cenovus Energy Inc. closed at $16.93 yesterday. The company pays an annual dividend of 49 cents (paid quarterly) and has a yield of 2.98%.

Longbow Research downgraded Harley-Davidson (HOG ) from Buy to Neutral and removed its price target (prior $69.00).
Shares of Harley-Davidson closed at $55.09 yesterday. The company pays an annual dividend of $1.24 (paid quarterly) and has a yield of 2.28%.