Thursday, June 19, 2014

Thursday’s Analyst Moves: FedEx Corporation, ConAgra Foods Inc, Marathon Oil Corporation, More (FDX, CAG, MRO, More)

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.

FedEx Upgraded at RBC Capital

FedEx Corporation (FDX) has been upgraded to “Sector Perform” at RBC Capital as the company is expected to continue to execute and buy back shares. The firm has a $155 price target on FDX, suggesting a 4% upside from Wednesday’s closing price of $148.95. FDX has a dividend yield of 0.54%.

Barclays Starts Coverage on RCS Capital

Barclays has initiated coverage on RCS Capital Corp (RCAP) with an “Overweight” rating and a $25 price target. This price target suggests a 21% upside from Wednesday’s closing price of $20.59. RCAP has a dividend yield of 3.50%.

Barclays Lifts PT on CDW

Barclays has raised its price target on CDW Corp (CDW) to $36. This price target suggests a 15% increase from Wednesday’s closing price of $31.32. CDW has a dividend yield of 0.54%

BofA/Merrill Downgrades ConAgra Foods

ConAgra Foods Inc (CAG

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