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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