Before Wednesday’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.
Hewlett-Packard Company Upgraded to “Buy”
Hewlett-Packard Company (HPQ ) has been boosted to “Buy” at Jefferies. HPQ has a dividend yield of 2.05%.
Credit Suisse Initiates Coverage on Starbucks
Credit Suisse has started coverage on Starbucks (SBUX ) with a “Neutral” rating and a $97 price target. SBUX has a dividend yield of 1.35%.
Deutsche Bank Downgrades American Airlines
American Airlines (AAL) has been cut from “Buy” to “Hold” at Deutsche Bank. According to the firm, AAL is likely to see lower international earnings. AAL has a dividend yield of 0.76%.
Credit Suisse Initiates Coverage on Allstate
Credit Suisse has started coverage on Allstate (ALL ) with an “Outperform” rating and a $84 price target. ALL has a dividend yield of 1.69%.
JP Morgan Downgrades BB&T
BB&T Corporation (BBT ) has been cut to “Neutral” at JP Morgan on a valuation call. BBT has a dividend yield of 2.46%.
Delta Air Lines Downgraded at Deutsche Bank
Delta Air Lines (DAL ) has been cut to “Hold” at Deutsche Bank as the company is facing increased competition. DAL has a dividend yield of 0.80%.
