Before Monday's opening bell, a number of big name dividend stocks were the subject of analyst moves. Below, we highlight the important analyst commentary for investors.
Barclays Downgrades Walgreen Company
Walgreen Company (WAG
) has been downgraded to “Equal Weight” at Barclays as the company’s outlook no longer appears to be conservative. WAG has a dividend yield of 2.15%.
Jefferies Raises PT on U.S. Steel
Jefferies has boosted its price target on United States Steel Corporation (X) to $48. The firm has also raised estimates on the company due to the improved outlook for the North American steel market. X has a dividend yield of 0.44%.
Las Vegas Sands Downgraded to “Market Perform”
Las Vegas Sands Corp. (LVS) has been cut to “Market Perform” at Wells Fargo as near-term uncertainty has increased with the company’s Macau resort. LVS has a dividend yield of 3.21%.
Wynn Resorts Cut to “Market Perform”
Wells Fargo has downgraded Wynn Resorts (WYNN) from “Outperform” to “Market Perform” as the gaming industry is facing negative catalysts in the coming quarters. WYNN has a dividend yield of 2.70%.
Finish Line Downgraded to “Equal Weight”
Finish Line Inc (FINL) has been cut to “Equal Weight” at Morgan Stanley as the company is losing market share. FINL has a dividend yield of 1.04%.
Credit Suisse Lowers Numbers on Barrick Gold Corporation
Credit Suisse has lowered its price target on Barrick Gold Corporation (ABX) to $20. The firm has also cut estimates on ABX due to the company’s reduced outlook for Corez production. ABX has a dividend yield of 1.28%.
Sterne Agee Lowers Estimates on Whole Foods Market
Sterne Agee has cut its price target on Whole Foods Market, Inc. (WFM) to $37. The firm has also slashed estimates on WFM as promotional intensity appears higher. WFM has a dividend yield of 1.23%.
Barclays Lowers Estimates on Fluor Corporation
Barclays has cut estimates on Fluor Corporation (
No comments:
Post a Comment