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. FirstEnergy Corp. Upgraded by UBS
UBS upgraded FirstEnergy Corp. (FE ) from Sell to Neutral. Shares of FirstEnergy Corp. closed at $32.40 yesterday. The company pays an annual dividend of $1.44 (paid quarterly) and has a yield of 4.44%.
2. Melco Crown Enter. Upgraded by HSBC
HSBC upgraded Melco Crown Enter. (MPEL) from Hold to Buy. Shares of MPEL closed at $17.47 yesterday. The company pays an annual dividend of 5 cents (paid quarterly) and has a yield of 0.29%.
3. Northern Trust Upgraded by Raymond James
Raymond James upgraded Northern Trust (NTRS ) from Outperform to Strong Buy, with a price target of $83. Shares of Northern Trust closed at $68.80 yesterday. The company pays an annual dividend of $1.44 (paid quarterly) and has a yield of 2.09%.
4. United Technologies Downgraded by RBC Capital
RBC Capital downgraded United Technologies (UTX ) from Outperform to Sector Perform, with a price target of $100 (from $113). Shares of United Technologies closed at $95.43 yesterday. The company pays an annual dividend of $2.56 (paid quarterly) and has a yield of 2.68%.
5. American Airlines Downgraded by Evercore ISI
Evercore ISI downgraded American Airlines (AAL) from Buy to Hold. Shares of American Airlines closed at $43.84 yesterday. The company pays an annual dividend of 40 cents (paid quarterly) and has a yield of 0.91%.
