Monday’s Analyst Moves: Apple Inc., Reynolds American, Inc., Johnson & Johnson, More (AAPL, RAI, JNJ, More)

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.

Apple Upgraded to “Overweight”

Apple Inc. (AAPL) has been upgraded from “Equal Weight” to “Overweight” at Barclays. Analysts upgraded the stock since it has exceeded expectations since March due to Samsung’s weakness and increased brand appeal. The firm has a $110 price target on AAPL, suggesting a 15% upside from Friday’s closing price of $95.22. AAPL has a dividend yield of 1.97%.

Reynolds American Upgraded To “Outperform”

Reynolds American, Inc. (RAI) has been upgraded from “Sector Perform” to “Outperform” at RBC Capital Markets as the deal with LO is expected to add to earnings. RAI has a dividend yield of 4.34%.

Barclays Raises PT on Ford

Barclays has raised its price target on Ford Motor Company (F) from $19 to $20 on a valuation call and higher EPS estimates. This new price target suggests a 14% upside from Friday’s closing price of $17.47. F has a dividend yield of 2.86%

Jefferies Raises PT on Johnson & Johnson

Jefferies has raised its price target on Johnson & Johnson (JNJ) to $114, suggesting an 8% increase from Friday’s closing price of $105.10. Analysts have also boosted estimates on JNJ due to strong performance from Olysio. JNJ has a dividend yield of 2.66%.

Jefferies Starts Coverage on Ameritrade

Jefferies has initiated coverage on TD Ameritrade Holding Corp. (AMTD) with a “Hold” rating and a $34 price target. This price target suggests a 10% upside from Friday’s closing price of $31.10. Analysts view AMTD’s core earnings power as understated due to lower interest rates. AMTD has a dividend yield of 1.54%.

Goldman Sachs Downgrades Dana Holding

Goldman Sachs has cut its rating on Dana Holding Corporation (DAN) to “Neutral” on a valuation call due to the company’s exposure to Latin America. DAN has a dividend yield of 0.84%.

JPM Upgrades Brinker

Brinker International, Inc. (EAT) has been upgraded at JP Morgan to “Overweight” as the company has potential for upside. EAT has a dividend yi