Before Friday'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.
UBS Starts Coverage on DHT
UBS has initiated coverage on DHT Holdings Inc (DHT) with a “Buy” rating and $10 price target. This price target suggests a 28% increase from the stock’s current price of $7.76. DHT has a dividend yield of 1.03%.
Oppenheimer Sees Upside for Lowe’s Companies
Lowe’s Companies, Inc. (LOW) has been upgraded to “Outperform” at Oppenheimer. The firm has also boosted estimates on LOW as sales are expected to rise when the weather improves. Analysts currently have a $57 price target on LOW, suggesting a 17% increase from the stock’s current price of $48.71. LOW has a dividend yield of 1.48%.
See Also: Dividend.com's Cheatsheet to Analyzing Retail Stocks
Credit Suisse Cuts Nucor on Valuation
Credit Suisse has cut its rating on Nucor Corporation (NUE
No comments:
Post a Comment