Before Tuesday’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.
Keybanc Upgrades Heico
HEICO Corp (HEI) was upgraded to “Buy” from “Hold” at Keybanc due to accelerated growth in the commercial aerospace aftermarket. Keybanc has a price target of $68 on Heico, suggesting the HEI’s stock will rise by 24%. HEI has a dividend yield of 0.22%.
JP Morgan Downgrades Kansas City Southern
Kansas City Southern (KSU) was downgraded to “Neutral” from “Overweight” at JP Morgan, JPM sees KSU facing regulatory risk in Mexico. KSU has a dividend yield of 1.17%.
Drexel Upgrades Maxim
Drexel upgraded Maxim Integrated Products (MXIM) from &
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