Wednesday, October 1, 2014

Tuesday’s Analyst Moves: Apple Inc., Lockheed Martin Corporation, Ford Motor Company, More (AAPL, LMT, F, More)

Before Tuesday’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.

Jefferies Starts Coverage on Apple

Jefferies has initiated coverage on Apple Inc. (AAPL) with a “Hold” rating and a $110 price target. Analysts now expect the company to face an overall device growth slowdown. AAPL has a dividend yield of 1.88%.

Lockheed Martin Boosted to “Buy”

Lockheed Martin Corporation (LMT) has been upgraded from “Hold” to “Buy” at Stifel Nicolaus as the company is expected to continue returning cash to investors through dividends and buy backs. The firm has a $220 price target on LMT, suggesting a 22% upside from Monday’s closing price. LMT has a dividend yield of 3.31%.

Credit Suisse Lowers Estimates on Ford Motor Company

Credit Suisse has lowered its price target on Ford Motor Company (F) to $15.50. The firm has also cut estimates on Ford through 2016 as the company is seeing weakness. F has a dividend yield of 3.31%.

Raytheon Upgraded to “Buy”

Raytheon Company (

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