Before Friday’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.
Hanesbrands Upgraded to Buy
DA Davidson upgraded Hanesbrands (HBI) from Neutral to Buy.
Shares in Hanesbrands closed yesterday at $31.10. Hanesbrands pays an annual dividend of 40 cents.
TD Securities Upgrades Union Pacific to Buy
TD Securities Upgrades Union Pacific (UNP ) from Hold to Buy based on the underperformance of share prices. The new target price for UNP is $120.00. UNP opened this morning at $102.19. UNP pays a quarterly dividend of 55 cents.
Raymond James Downgrades Standard Pacific
Raymond James Downgrades Standard Pacific (SPF) to Market Perform. At the same time, Raymond James removed its price target, previously $9.00.
Shares of SPF opened today at $8.24
Raymond James Downgrades Lennar
Raymond James downgraded Lennar (LEN ) from Outperform to Market Perform. Shares of Lennar closed Thursday’s market at $47.28.
