Focusing on dividend stocks investing and financial independence. Follow the latest news, analysis, rating changes of popular dividend stocks.
May 31, 2020
Week's Most Significant Insider Trades: Week of May 25, 2020
May 30, 2020
Notable Analyst Upgrades and Downgrades for Week of May 25, 2020
Upgrades:
A number of other equities analysts have also weighed in on
GILD. Wells Fargo & Co restated a “hold” rating and issued a $84.00 target
price on shares of Gilead Sciences in a research note on Friday, May 1st.
Jefferies Financial Group reiterated a “buy” rating and issued a $89.00 price
objective on shares of Gilead Sciences in a report on Monday, April 13th.
Morgan Stanley upped their price objective on Gilead Sciences from $75.00 to
$77.00 and gave the stock an “equal weight” rating in a report on Friday, May
1st. Sanford C. Bernstein cut Gilead Sciences from an “outperform” rating to a
“market perform” rating and cut their price objective for the stock from $78.00
to $70.00 in a report on Thursday, February 6th. Finally, BidaskClub cut Gilead
Sciences from a “hold” rating to a “sell” rating in a report on Wednesday, May
20th. Six equities research analysts have rated the stock with a sell rating,
sixteen have issued a hold rating and nine have given a buy rating to the
company’s stock. The company currently has a consensus rating of “Hold” and a
consensus price target of $78.26. Read more …
Other research analysts have also issued research reports about the stock. Morgan Stanley raised their price objective on shares of Rockwell Automation from $162.00 to $177.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Barclays raised their price objective on shares of Rockwell Automation from $175.00 to $215.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Rosenblatt Securities lowered shares of Rockwell Automation from a “neutral” rating to a “sell” rating and raised their price objective for the company from $155.00 to $173.00 in a research note on Wednesday, April 29th. Citigroup raised their price objective on shares of Rockwell Automation from $155.00 to $198.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Finally, G.Research downgraded shares of Rockwell Automation from a “hold” rating to a “sell” rating in a report on Thursday, April 30th. Five analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. Rockwell Automation currently has an average rating of “Hold” and a consensus target price of $188.83. Read more …
Other equities research analysts also recently issued
research reports about the stock. Susquehanna Bancshares raised shares of
Southwest Airlines from a “neutral” rating to a “positive” rating and set a
$41.00 price objective for the company in a research report on Tuesday, April
21st. Bank of America raised shares of Southwest Airlines from a “neutral”
rating to a “buy” rating and lowered their price objective for the company from
$48.00 to $43.00 in a research report on Monday, March 23rd. Raymond James
raised shares of Southwest Airlines from a “market perform” rating to a
“strong-buy” rating and set a $50.00 price objective for the company in a
research report on Monday, March 23rd. Evercore ISI raised shares of Southwest
Airlines from an “in-line” rating to an “outperform” rating and set a $55.00
price objective for the company in a research report on Monday, March 2nd.
Finally, JPMorgan Chase & Co. raised shares of Southwest Airlines from an
“underweight” rating to a “neutral” rating and lowered their price objective
for the company from $49.00 to $36.00 in a research report on Monday, April
6th. Two analysts have rated the stock with a sell rating, eight have given a
hold rating, eleven have given a buy rating and one has given a strong buy
rating to the stock. Southwest Airlines presently has an average rating of
“Buy” and a consensus price target of $51.33. Read more …
May 28, 2020
4 Energy Stocks to Buy Now as Massive Oil Rally Continues
Less than a month ago, something that seemed impossible
actually occurred. The front month oil futures contract for May, which expired
in mid-April, actually traded negative. Traders were forced to sell at a loss
as those holding contracts on expiration have to take physical delivery, and
with no storage space available, had to sell at a loss.
What a difference a month can make for energy investors. On
Monday, the benchmark pricing for West Texas Intermediate crude shot up to
$33.10, up almost 14% from the Friday close. Oil traders seemed to be focused
down the road, with futures markets for both overseas-benchmark Brent and West
Texas Intermediate barrels for December delivery having the highest open
interest, or total number of options and outstanding contracts.
What that means for investors is that while the front month
contract for June, which expires this week, is the current price point, many
traders think the biggest money can be made later this year, as the combination
of production cuts and renewed consumption kicks in. For investors looking for
energy stocks to buy, the prices now are still very reasonable.
We screened the BofA Securities energy research universe
looking for companies with Buy ratings that have kept the dividend intact. We
stay with the larger cap leaders, as they have the ability and balance sheet to
stay in the game when prices become extremely volatile.