Friday Analyst Moves: American Express Company, Best Buy Co., Inc., Capital One Financial Corp., More (AXP, BBY, COF, More)

Before Friday’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.

Best Buy Downgraded at One Firm, PT Cut at Another

Following its disappointing holiday results, UBS reported that it has cut its rating on BBY from “Buy” to “Neutral.” The firm currently has a $29 price target on BBY, suggesting a 3% increase from the stock’s current price of $26.83.

Jefferies has cut its price target on “Buy”-rated BBY after the holiday season to $38. This new price target suggests a 43% increase from the stock’s current price.

BBY currently has a dividend yield of 2.53%.

Jefferies Lifts PT on American Express

Jefferies has raised its price target on American Express Company (AXP) after the company reported earnings that indicated that the company’s billed business has improved. The firm has a “Hold” rating and $88 price target on AXP, suggesting that the stock will remain flat at its current price. AXP has a dividend yield of 1.05%.

UBS Raises PT on BB&T

UBS has boosted its price target on BB&T Corporation (BBT) to $43. This new price target suggests an 11% increase from the stock’s current price of $38.73. The firm currently has a “Buy” rating on BBT. BBT has a dividend yield of 2.38%.

BlackRock Numbers Raised at UBS

After BlackRock, Inc. (BLK)