Before Tuesday’s opening bell, a number of big-name dividend stocks were the subject of analyst upgrades and downgrades. Below, we highlight the moves investors need to know.
Cowen Upgraded Potash Corp.
Cowen upgraded Potash Corp. (POT) from Underperform to Market Perform with a price target of $32.00—up from $29.00. Shares of Potash Corp. closed at $32.71 yesterday.
NetEase.com Upgraded by Citi
Citi upgraded NetEase.com (NTES ) from Neutral to Buy. NetEase.com wrapped Monday’s trading session with a closing price of $141.32.
Wunderlich Securities Downgrades Plains GP Holdings, L.P.
Wunderlich Securities downgraded Plains GP Holdings, L.P. (PAGP ) from Buy to Hold with a price target of $31.00. Shares of Plains GP Holdings, L.P. closed Monday at $29.63.
Huntington Ingalls Downgraded by BofA/Merrill Lynch
BofA/Merrill Lynch downgraded Huntington Ingalls (HII ) from Buy to Neutral with a price target of $135.00—down from $150.00. Yesterday, Huntington Ingalls closed at $123.50.
