Before Wednesday’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.
Brean Lifts Rating on DSW
DSW Inc. (DSW) has been upgraded from “Sell” to “Hold” at Brean Capital. The firm noted that this upgrade was due to a valuation call, as the company is already pricing in bad news. DSW has a dividend yield of 2.03%.
See Also: Dividend.com's Cheatsheet to Analyzing Retail Stocks
UBS Raises PT on Marvell Technology Group
UBS has boosted its price target on Marvell Technology Group Ltd. (MRVL) due to improved revenue momentum. The firm has a $17 price target on MRVL, suggesting a 4% increase from the stock’s current price of $16.20. MRVL has a dividend yield of 1.48%.
Comerica Upgraded to “Market Perform”
Comerica Incorporated (CMA) has been upgraded from “Underperform” to “Market Perform” at Wells Fargo. The company is now better leveraged for commercial lending. CMA has a dividend yield of 1.47%.
Carters Upgraded to “Outperform
Carter’s, Inc. (CRI) has been raised to “Outperform” from “Neutral” at Piper Jaffray The firm has a $92 price target on CRI, suggesting a 19% upside from the stock’s current price of $76.88. CRI has a dividend yield of 0.99%.
Dover Corp Upgraded at Credit Suisse
Credit Suisse has upgraded Dover Corp (DOV) from “Neutral” to “Outperform.” The firm has also raised its estimates on DOV as acquisitions are expected to help earnings growth. DOV has a dividend yield of 1.81%.
Argus Downgrades Edison International to “Hold”
Edison International (EIX