Prior to the opening bell today, a few big-name dividend stocks were subject to analyst moves. The most important shifts of the day are highlighted below.
1. Xilinx Upgraded by Goldman Sachs
Goldman Sachs upgraded Xilinx (XLNX ) from Neutral to Buy, with a price target of $50.00. Shares of Xilinx closed at $41.93 on Friday. Xilinx offers an annual payout of $1.24 (paid quarterly) and has a yield of 2.96%.
2. Nokia Upgraded by Goldman Sachs
Goldman Sachs upgraded Nokia (NOK ) from Buy to Conviction Buy. Shares of Nokia closed at $6.51 on Friday. The company offers an annual payout of 16 cents (paid annually) and has a yield of 2.44%.
3. BHP Billiton Upgraded by Jefferies
Jefferies upgraded BHP Billiton (BHP ) from Hold to Buy. Shares of BHP Billiton closed at $34.07 on Friday. The company offers an annual payout of $2.48 (paid semi-annually) and has a yield of 7.28%.
4. Marvell Downgraded by FBR Capital
FBR Capital downgraded Marvell (MRVL ) from Outperform to Market Perform, with a price target of $9.00. Shares of Marvell closed at $8.84 on Friday. The company offers an annual payout of 24 cents (paid quarterly) and has a yield of 2.71%.
5. Silver Wheaton Downgraded by BMO Capital
BMO Capital downgraded Silver Wheaton (SLW) from Outperform to Market Perform. Shares of Silver Wheaton closed at $11.62 yesterday. SLW offers an annual payout of 20 cents (paid quarterly) and has a yield of 1.72%.
