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. Prudential Financial Upgraded by Deutsche Bank
Deutsche Bank upgraded Prudential Financial (PRU ) from Hold to Buy, with a price target of $94.00. Shares of Prudential Financial closed at $77.10 on Friday. The company pays an annual payout of $2.32 (paid quarterly).
2. Wells Fargo Upgraded by Deutsche Bank
Deutsche Bank upgraded Wells Fargo (WFC ) from Hold to Buy, with a price target of $60.00. Shares of Wells Fargo closed at $51.29 on Friday. The company offers an annual payout of $1.50 (paid quarterly).
3. Procter & Gamble Upgraded by SunTrust
SunTrust Robinson Humphrey upgraded Procter & Gamble (PG ) from Neutral to Buy, with a price target of $80.00. Shares of Procter & Gamble closed at $68.76 on Friday. PG offers an annual payout of $2.65 (paid quarterly).
4. EOG Resources Downgraded by Credit Suisse
Credit Suisse downgraded EOG Resources (EOG ) from Outperform to Neutral, with a price target of $84.00 (from $98.00) amid their reduced oil price outlook. Shares of EOG Resources closed at $76.89 on Friday. The company has an annual payout of 67 cents (paid quarterly).
5. Coca-Cola Enterprises Downgraded by RBC Capital
RBC Capital downgraded Coca-Cola Enterprises (CCE) from Outperform to Sector Perform, with a price target of $54.00 (from $48.00). Shares of Coca-Cola Enterprises closed at $49.99 on Friday. The company offers an annual payout of $1.12 (paid quarterly).
