Thursday Analyst Moves: General Mills, Inc., Ford Motor Company, Omnicom Group Inc., More (GIS, F, OMC, More)

Before Thursday'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.

AbbVie Downgraded at Morgan Stanley
AbbVie Inc (ABBV) has been cut to “Equal Weight” at Morgan Stanley on a valuation call, based on the firm’s $57 price target on ABBV. The company currently has a dividend yield of 2.95%.

JP Morgan Raises Price Target on CVS
JP Morgan reported that it has raised its price target on CVS Caremark Corporation (CVS) to $82. This new price target suggests a 17% increase from the stock’s current price of $69.69. Analysts expect to see upside after the company’s analyst day. CVS has a dividend yield of 1.58%.

UBS Starts Coverage on Delta
UBS has initiated coverage on Delta Air Lines, Inc. (DAL) with a “Buy” rating and $39 price target. This price target suggests a 44% increase from the stock’s current price of $27.11. DAL has a dividend yield of 0.89%.

Benchmark Initiates Coverage on GameStop
Benchmark has begun coverage on GameStop Corp. (GME) with a “Hold” rating and $38.55 price target. This price target suggests a 23% drop from the stock’s current price. Analysts see the company facing increased competition in the future. GME currently has a dividend yield of 2.20%.

Omnicom Upgraded to “Buy” at Goldman
Goldman Sachs has upgraded Omnicom Group Inc. (OMC) to “Buy,” and has given the company a $88 price target. This price target suggests a 25% upside from the stock’s current price of $70.55. OMC has a dividend yield of 2.27%.

Janney Montgomery Starts Coverage on Ralph Lauren
Janney Montgomery reported that it has started coverage on Ralph Lauren Corp (RL) with a “Buy” rating and $200 price target. This price target suggests a 13% increase from the stock’s current price of $177.09. Analysts believe that the company has opportunities to grow its business worldwide. RL has a dividend yield of 1.02%.

Ford Motor Company PT Cut at Two Firms
Jefferies has cut its price target on Ford Motor Company (F