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. Wendy's Upgraded by RBC Capital
RBC Capital upgraded Wendy’s (WEN) from Sector Perform to Outperform, with a price target of $11 (from $12). Shares of Wendy’s closed at $9.16 on Friday. The company pays an annual dividend of 24 cents (paid quarterly) and has a yield of 2.62%.
2. AptarGroup Upgraded by Deutsche Bank
Deutsche Bank upgraded AptarGroup (ATR ) from Hold to Buy, with a price target of $84 (from $72). Shares of AptarGroup closed at $73.56 on Friday. The company pays an annual dividend of $1.20 (paid quarterly) and has a yield of 1.63%.
3. Range Resources Upgraded by Guggenheim
Guggenheim upgraded Range Resources (RRC ) from Neutral to Buy, with a price target of $38. Shares of Range Resources closed at $30.44 on Friday. The company pays an annual dividend of 16 cents (paid quarterly) and has a yield of 0.53%.
4. Restaurant Brands International Downgraded by RBC Capital
RBC Capital downgraded Restaurant Brands International (QSR ) from Outperform to Sector Perform, with a price target of $44 (from $48). Shares of Restaurant Brands International closed at $40.16 on Friday. The company pays an annual dividend of 52 cents (paid quarterly) and has a yield of 1.29%.
5. Moody's Corp. Downgraded by FBR Capital
FBR Capital downgraded Moody’s Corp. (MCO ) from Outperform to Market Perform, with a price target of $100 (from $123). Shares of Moody’s Corp. closed at $96.16 on Friday. The company pays an annual dividend of $1.36 (paid quarterly) and has a yield of 1.41%.
