Before today’s opening bell, a number of big-name dividend stocks were the subject of analyst moves. Below, we highlight the most important analyst commentary for investors.
1. Lincoln National Upgraded by Goldman Sachs
Goldman Sachs upgraded Lincoln National (LNC ) from Neutral to Buy, with a price target of $60.00. Shares of Lincoln National closed at $49.18 yesterday. Lincoln National pays an annual dividend of 80 cents (paid quarterly) and has a yield of 1.63%.
2. Avago Technologies Upgraded by JMP Securities
JMP Securities upgraded Avago Technologies (AVGO ) from Market Perform to Market Outperform, with a price target of $165.00. Shares of Avago Technologies closed at $127.17 yesterday. The company pays an annual dividend of $1.68 (paid quarterly) and has a yield of 1.32%.
3. Intuit Upgraded by Barclays
Barclays upgraded Intuit (INTU ) from Equalweight to Overweight, with a price target of $105.00. Shares of Intuit closed at $86.64 yesterday. Intuit pays an annual dividend of $1.20 (paid quarterly) and has a yield of 1.39%.
4. Principal Financial Group Downgraded by Goldman Sachs
Goldman Sachs downgraded Principal Financial Group (PFG ) from Neutral to Sell, with a price target of $50.00. Shares of Principal Financial Group closed at $47.78 yesterday. PFG pays an annual dividend of $1.52 (paid quarterly) and has a yield of 3.18%.
5. AptarGroup Downgraded by BMO Capital
BMO Capital downgraded AptarGroup (ATR ) from Outperform to Market Perform, with a price target of $70.00 (unchanged). Shares of AptarGroup closed at $67.78 yesterday. The company pays an annual dividend of $1.12 (paid quarterly) and has a yield of 1.65%.
