Below are the dividend stocks that were subject to analyst moves before the bell. Our analysts weigh in with insight and commentary as to what you can expect going forward.
1. Finish Line Upgraded by Canaccord
Apparel store company Finish Line (FINL) saw its stock upgraded pre-market on Monday with Canaccord setting a new target of $33.00 and a Buy rating. This is an upgrade from a previous Hold recommendation. Finishing Friday’s session at $26.44 (up 1.07%), Finish Line’s adjusted dividend yield is 1.36% with an annual payout of 36 cents (paid quarterly). The stock is 17.12% from its 52-week high.
2. Monsanto Upgraded by Atlantic Equities
Agricultural chemical company Monsanto (MON ) saw its stock upgraded pre-market on Monday with Atlantic Equities setting a new target of $120.00. This equates to a Neutral rating. Finishing Friday’s session at $113.80 (up 0.19%), Monsanto’s adjusted dividend yield is 1.72% with an annual payout of $1.96 (paid quarterly). The stock is 11.64% from its 52-week high.
3. Wal-Mart Upgraded by Raymond James
Discount store chain Wal-Mart (WMT ) saw its stock upgraded pre-market on Monday with Raymond James highlighting a Strong Buy recommendation and a new price target of $86.00. Finishing Friday’s session at $73.06 (down 1.47%), Wal-Mart’s adjusted dividend yield is 2.63% with an annual payout of $1.92 (paid quarterly). The stock is 19.69% from its 52-week high.
4. Astoria Financial Upgraded by Guggenheim
Savings and loans provider Astoria Financial Corp. (AF) saw its stock upgraded on Monday with Guggenheim raising the target to $15.50 and the rating to Buy. Previously, the stock had a Neutral valuation. Finishing Friday’s session at $13.48 (up 3.45%), Astoria Financial’s adjusted dividend yield is 1.19% with an annual payout of $0.16 (paid quarterly). The stock is 3.37% from its 52-week high.
5. American Airlines Downgraded by Raymond James
Air services provider American Airlines (AAL) saw its stock downgraded on Monday with Raymond James changing the rating to Market Perform. The industry average price target for the stock is $64.50. Finishing Friday’s session at $41.72 (down 1.07%), American Airlines’ adjusted dividend yield is 0.96% with an annual payout of 40 cents (paid quarterly). The stock is 25.77% from its 52-week high.
