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.
Goldman Sachs Upgraded to “Outperform”
Keefe, Bruyette & Woods has boosted its rating on Goldman Sachs Group Inc (GS
) from “Market Perform” to “Outperform.” The firm has also raised estimates on the company as it is now seeing better growth outside of trading. GS has a dividend yield of 1.39%.
Exelon Upgraded at Citi
Exelon Corporation (EXC) has been upgraded from “Sell” to “Neutral” at Citigroup as the nuclear overhang could subside. EXC has a dividend yield of 3.64%.
Fifth Third Bancorp
Fifth Third Bancorp (FITB) has been upgraded from “Neutral” to “Buy” at Citigroup as its recent pullback as made it stock price attractive. Analysts also see the company possibly accelerating buyback activity. FITB has a dividend yield of 2.93%.
Credit Suisse Starts Coverage on Garmin
Credit Suisse has started coverage on Garmin L
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