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.
Oppenheimer Downgrades Apollo Global Management
Apollo Global Management LLC (APO
) was downgraded to “Perform” from “Outperform” at Oppenheimer based on a valuation call. APO has a dividend yield of 0.77%.
Credit Suisse Upgrades Dick’s Sporting Goods
Dick’s Sporting Goods (DKS
) was upgraded to “Outperform” from “Neutral” at Credit Suisse and given a price target of $65. Credit Suisse believes that Dick’s private label program has shown strength and that the company has good management. The price target suggests an 18% upside to Dick’s current price. DKS has a yiel
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