Before Thursday’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.
J.B. Hunt Cut to “Neutral” at BofA/Merrill
J.B. Hunt Transport Services, Inc. (JBHT) has been downgraded from “Buy” to “Neutral” at Bank of America/Merrill Lynch as the Burlington Northern service issues could limit growth. The firm has a $78 price target on JBHT, suggesting a 10% upside from the stock’s current price of $70.99. JBHT has a dividend yield of 1.13%.
UBS Downgrades MSC Industrial
UBS has cut its rating on MSC Industrial Direct Co Inc (
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