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.
HB Fuller Upgraded to “Outperform”
HB Fuller Co (FUL) has been upgraded from “Neutral” to “Outperform” at Robert Baird as the company is expanding its market. The firm as a $55 price target on FUL, suggesting a 15% upside from Thursday’s closing price of $47.44. FUL has a dividend yield of 1.01%.
Credit Suisse Downgrades HollyFrontier
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Credit Suisse has cut its rating on HollyFrontier Corp (HFC) to “Neutral.” The firm has also lowered its estimates on HFC due to macro weakness. HFC has a dividend yield of 2.81%.
Two Firms Raise PT on Alcoa
UBS has raised its price target on Alcoa Inc (AA) to $15 due to the company’s agreement to acquire Firth Rixson.
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