Before Thursday’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.
Whole Foods Receives Upgrade and Downgrade
Whole Foods Market (WFM) was upgraded at RBC Capital from “sector perform” to “outperform” with a price target of $51. On the flip side, BofA/Merrill Lynch downgraded WFM from “buy” to “neutral” as it was concerned about its comps outlook.
Dick’s Sporting Goods Upgraded
BMO Capital upgraded Dick’s Sporting Goods (DKS ) from “market perform” to “outperform” with a price target of $63. The price target suggests a near 16% upside for the sporting retailer.
Black Hills Corp Downgraded
Credit Suisse downgraded Black Hills Corp (BKH ) from “outperform” to “neutral” as it believes that BKH will struggle with returns in the coming years.
