Friday’s Analyst Moves: Nike Inc, Altria Group Inc, QUALCOMM, Inc, More (NKE, MO, QCOM, More)

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.

Two Firms Bullish on Nike

Following Thursday’s after hours earnings release, Nike Inc (NKE) has been upgraded from “Neutral” to “Buy” at Janney Capital. The upgrade is primarily due to sales growth and strong cash flow. The firm has a $93 price target on NKE.

Sterne Agee boosted its price target on Nike to $95 as the company is seeing higher orders throughout the world.  NKE has a dividend yield of 1.20%.

Altria Upgraded at BofA/Merrill

Altria Group Inc (MO) has been upgraded from “Neutral” to “Buy” at BofA/Merrill. The firm has also boosted estimates on MO and has given the company a $50 price target (suggesting an 11% upside). MO has a dividend yield of 4.61%.

BMO Capital Lowers Estimates on QUALCOMM

BMO Capital has cut estimates on QUALCOMM, Inc. (QCOM) through 2015 as the company is seeing lower royalty sales. The firm has an $86 price target on QCOM, suggesting a 15% upside. QCOM has a dividend yield of 2.25%.

Jefferies Lowers Estimates on 3M

Jefferies has lowered its price target on 3M Co (MMM) to $164, suggesting a 15% upside. The firm has also cut estimates on the company due to reduced lower end market demand. MMM has a dividend yield of 2.40%.

Nomura Raises PT on Kohl’s

Nomura has raised its price target on Kohl’s Corporation (KSS) to $68, suggesting an 11% upside. The firm has also boosted estimates on the retailer following recent checks. KSS has a dividend yield of 2.54%.

Wunderlich Starts Harley-Davidson at “Hold”

Wunderlich has started coverage on Harley-Davidson Inc (