Before Thursday’s opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst commentary for investors.
Credit Suisse Cuts Estimates on QUALCOMM
Credit Suisse has lowered its price target on QUALCOMM (QCOM ) to $80, suggesting a 12% upside. The firm has also cut estimates on QCOM due to its weaker outlook. QCOM has a dividend yield of 2.37%.
General Mills Cut to "Market Perform"
General Mills (GIS ) has been downgraded from “Outperform” to “Market Perform” at BMO Capital on a valuation call. GIS has a dividend yield of 3.03%.
Leerink Partners Raises Estimates on AmerisourceBergen
Leerink Partners has raised its estimates on AmerisourceBergen (ABC) through 2016 as the company has better pricing power. The firm has an “Outperform” rating and a $110 price target on ABC. This new price target suggests a 14% increase from the stock’s current price. ABC has a dividend yield of 1.20%.
Sterne Agee Boosts Estimates on Brinker International
Sterne Agee has raised its price target on Brinker International (EAT) to $68, suggesting a 12% increase from the stock’s current price. The firm has also boosted estimates on EAT due to its solid sales trends. EAT has a dividend yield of 1.85%.
Sterne Agee Raises Estimates on A. O. Smith
Sterne Agee has raised its estimates on A. O. Smith (AOS ) through 2016 due to its better guidance. The firm has a “Buy” rating and a $69 price target on AOS, suggesting a 17% upside from the stock’s current price. AOS has a dividend yield of 1.28%.
