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. AstraZeneca Upgraded by Berenberg
Berenberg upgraded AstraZeneca (AZN ) from Hold to Buy. Shares of AstraZeneca closed at $64.64 yesterday. The company pays a dividend of $3.76 (paid semi-annually).
2. Terex Upgraded by BofA/Merrill Lynch
BofA/Merrill Lynch upgraded Terex (TEX ) from Underperform to Neutral. Shares of Terex closed at $22.55 yesterday. The company pays an annual dividend of $0.20 (paid quarterly).
3. Noble Energy Downgraded by Atlantic Equities
Atlantic Equities downgraded Noble Energy (NBL ) from Overweight to Neutral with a price target of $48.00 from $55.00. Shares of Noble Energy closed at $41.30 yesterday. NBL pays an annual dividend of $0.72 (paid quarterly).
4. Baxter International Downgraded by BofA/Merrill Lynch
BofA/Merrill Lynch downgraded Baxter International (BAX ) from Buy to Neutral with a price target of $40.00 from $78.00. Shares of Baxter International closed at $38.86 yesterday. The company pays an annual dividend of $2.08 (paid quarterly).
5. CyrusOne Downgraded by Citi
Citi downgraded CyrusOne (CONE ) from Buy to Neutral. Shares of CyrusOne closed at $29.83 yesterday. CONE pays an annual dividend of $1.26 (paid quarterly).
