Wednesday’s Analyst Moves: The Boeing Company, ConocoPhillips, Reynolds American, Inc., More (BA, COP, RAI, More)

Before Wednesday’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.

RBC Capital Lowers Rating on Boeing

The Boeing Company (BA) has been cut to “Sector Perform” at RBC Capital on a valuation call. The firm has a $145 price target on BA, suggesting a 6% upside from Tuesday’s closing price of $137.25. BA has a dividend yield of 2.13%

Goldman Sachs Starts Coverage on Sothebys

Goldman Sachs has initiated coverage on Sothebys (BID) with a “Neutral” rating and $45 price target. The firm noted that although global economic stability could weaken the company’s valuation, consolidated auction sales are up 25% through May. BID has a dividend yield of 1.00%.

Howard Weil Upgrades ConocoPhillips

ConocoPhillips (COP) has been upgraded to “Outperform” at Howard Weil as management is expected to continue its growth strategy. The firm has a $90 price target on COP. COP has a dividend yield of 3.38%.

UBS Lifts Rating on Entergy

Entergy Corporation (ETR) has been upgraded from “Sell” to “Neutral” at UBS due to EPS growth and higher utility and EWC guidance. ETR has a dividend yield of 4.24%.

Prosperity Bancshares Boosted to “Buy” at Sterne Agee

Prosperity Bancshares, Inc. (PB