Before Thursday’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.
Analog Devices Upgraded
Analog Devices (ADI
) was upgraded to “Buy” from “Hold” at Drexel Hamilton due to ADI’s improving global manufacturing. Drexel has a price target of $60 on ADI, suggesting a 20% upside to the stock’s current price. ADI has a dividend yield of 2.72%.
Stifel Downgrades CSX
CSX Corp (CSX) was downgraded to “Hold” from “Buy” at Stifel Nicolaus due to CSX facing higher costs. CSX has a yield of 2.05%.
Goldman Downgrades Equifax
Goldman Sachs downgraded Equifax (EFX
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