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. McDonald's Upgraded by Credit Suisse
Credit Suisse upgraded McDonald’s (MCD ) from Neutral to Outperform, with a price target of $112 (from $100). Shares of McDonald’s closed at $95.96 yesterday. The company pays an annual dividend of $3.40 (paid quarterly) and has a yield of 3.54%.
2. Bristol-Myers Squibb Upgraded by UBS
UBS upgraded Bristol-Myers Squibb Co. (BMY ) from Neutral to Buy, with a price target of $75 (from $65). Shares of Bristol-Myers Squibb Co. closed at $57.46 yesterday. The company pays an annual dividend of $1.48 (paid quarterly) and has a yield of 2.58%.
3. Johnson & Johnson Upgraded by Deutsche Bank
Deutsche Bank upgraded Johnson & Johnson (JNJ ) from Hold to Buy, with a price target of $110. Shares of Johnson & Johnson closed at $91.37 yesterday. The company pays an annual dividend of $3 (paid quarterly) and has a yield of 3.28%.
4. Carlisle Downgraded by KeyBanc
KeyBanc downgraded Carlisle (CSL ) from Overweight to Sector Weight. Shares of Carlisle closed at $93.16 yesterday. The company pays an annual dividend of $1.20 (paid quarterly) and has a yield of 1.29%.
