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.
The Gap Boosted to “Buy”
The Gap Inc. (GPS
) has been upgraded from “Neutral” to “Buy” at Janney Montgomery Scott as analysts now consider the company to be the best in its class. GPS has a dividend yield of 2.04%.
BMO Capital Raises PT on GameStop
BMO Capital has increased its price target on GameStop Corp. (GME) to $46, suggesting a 13% upside. The firm has also boosted its estimates on GME as the company continues to gain market share. GME has a dividend yield of 3.26%.
Credit Suisse Raises Estimates on Hormel Foods
Credit Suisse has boosted estimates on Hormel Foods Corp (HRL) through 2015 as the company is seeing higher meat demand. The firm has also raised its price target on HRL to $52. This new price target suggests a 4% increase from the stock’s current price. HRL has a dividend yield of 1.60%.
Barclays Lifts PT on Intuit
Barclays has raised its price target on Intuit Inc. (INTU) to $90, suggesting a 4% upside. Analysts expect the company’s online business to create growth. INTU has a dividend yield of 0.89%.
Credit Suisse Boosts PT on L Brands
Credit Suisse has raised its price target on L Brands Inc (LB
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