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.
Family Dollar Downgraded at Sterne Agee
Family Dollar Stores, Inc. (FDO
) has been cut to “Underperform” at Sterne Agee due to increased competition. The firm has given FDO a $56 price target, suggesting a 17% drop from the stock’s current price of $67.60. FDO currently has a dividend yield of 1.54%.
The Gap Downgraded at Jefferies on Weak Comps
Jefferies reported that it has downgraded The Gap Inc. (GPS
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