Before Monday’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.
Cummins Started at “Buy”
BAML initiated coverage on Cummins Inc. (CMI
) with a “Buy” rating due to CMI’s growth prospects related to demanding emissions standards. CMI was given a price target of $158, which suggests an upside of 22% to the stock’s current price. CMI has a yield of 1.92%.
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BMO Starts COG at “Outperform”
Cabot Oil and Gas (
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