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. Wendy's Upgraded by RBC Capital
RBC Capital upgraded Wendy’s (WEN ) from Sector Perform to Outperform, with a price target of $11 (from $12). Shares of Wendy’s closed at $9.16 on Friday. The company pays an annual dividend of 24 cents (paid quarterly) and has a yield of 2.62%.
2. AptarGroup Upgraded by Deutsche Bank
Deutsche Bank upgraded AptarGroup (ATR ) from Hold to Buy, with a price target of $84 (from $72). Shares of AptarGroup closed at $73.56 on Friday. The company pays an annual dividend of $1.20 (paid quarterly) and has a yield of 1.63%.
3. Range Resources Upgraded by Guggenheim
Guggenheim upgraded Range Resources (RRC ) from Neutral to Buy, with a price target of $38. Shares of Range Resources closed at $30.44 on Friday. The company pays an annual dividend of 16 cents (paid quarterly) and has a yield of 0.53%.
4. Restaurant Brands International Downgraded by RBC Capital
RBC Capital downgraded Restaurant Brands International (QSR ) from Outperform to Sector Perform, with a price target of $44 (from $48). Shares of Restaurant Brands International closed at $40.16 on Friday. The company pays an annual dividend of 52 cents (paid quarterly) and has a yield of 1.29%.
5. Moody's Corp. Downgraded by FBR Capital
FBR Capital downgraded Moody’s Corp. (MCO ) from Outperform to Market Perform, with a price target of $100 (from $123). Shares of Moody’s Corp. closed at $96.16 on Friday. The company pays an annual dividend of $1.36 (paid quarterly) and has a yield of 1.41%.
