Below are the dividend stocks that were subject to analyst moves before the bell. Analysts weigh in with insight and commentary as to what you can expect going forward.
1. American Airlines Upgraded by Deutsche Bank
American Airlines (AAL) was upgraded on Tuesday, with Deutsche Bank confirming a Buy rating and a new price target of $50.00. The airline recently announced they would be assessing the viability of certain international routes after the cancellation of the U.S. – Israel sector. Finishing Monday’s session at $38.98 (up 0.92%), American Airlines’ adjusted dividend yield is 1.03%, with an annual payout of 40 cents (paid quarterly). The stock is 30.64% from its 52-week high.
2. Copa Holdings SA Upgraded by Deutsche Bank
Copa Holdings SA (CPA ) was upgraded on Tuesday, with Deutsche Bank lifting their rating to Buy and adding a $65.00 price target. The Panama City-based airline recently missed Q2 profit forecasts with a profit of $64.1 million. Finishing Monday’s session at $51.27, CPA’s adjusted dividend yield is 6.55%, with an annual payout of $3.36 (paid quarterly). The stock is 59.81% from its 52-week high.
3. Golub Capital BDC Upgraded by Cantor Fitzgerald
Middle market financer Golub Capital BDC (GBDC ) saw its stock upgraded on Tuesday, with Cantor Fitzgerald changing their rating to Buy. Their new price target is $18.50. Finishing Monday’s session at $16.78 (up 0.8%), Golub Capital’s adjusted dividend yield is 7.63%, with an annual payout of $1.28 (paid quarterly). The stock is 8.95% from its 52-week high.
4. Gladstone Capital Downgraded by Cantor Fitzgerald
Closed-end debt fund manager Gladstone Capital (GLAD ) saw its stock downgraded to Hold by Cantor Fitzgerald on Tuesday, with a new price target of $9.00. Finishing Monday’s session at $9.07 (up 3.1%), Gladstone Capital’s adjusted dividend yield is 9.26%, with an annual payout of 84 cents (paid monthly). The stock is 7.35% from its 52-week high.
5. Bon-Ton Stores Downgraded by Imperial Capital
Bon-Ton Stores (BONT) saw its stock downgraded on Tuesday, with Imperial Capital changing their rating to Hold and adding a new price target of $2.00. The company owns 275 department stores in 26 states. Finishing Monday’s session at $3.99 (up 7.0%), Bont’s adjusted dividend yield is 5.01%, with an annual payout of 20 cents (paid quarterly). The stock is 63.89% from its 52-week high.
6. Apollo Investment Corporation Downgraded by Cantor Fitzgerald
Diversified investment company Apollo Investment Corporation Liquid error: internal was downgraded on Tuesday, with Cantor Fitzgerald confirming a Hold rating. Their new price target is $7.00. Finishing Monday’s session at $6.51 (down 1.4%), Apollo’s adjusted dividend yield is 12.29%, with an annual payout of 80 cents. The stock is 26.61% from its 52-week high.
