Monday’s Analyst Moves: JPMorgan Chase & Co., Ralph Lauren Corp, M&T Bank Corporation, More (JPM, RL, MTB, 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.

Goldman Boosts Rating on M&T Bank

M&T Bank Corporation (MTB) was upgraded at Goldman Sachs from “Neutral” to “Buy” as its merger with HCBK is expected to help earnings. The firm has a $145 price target on MTB, suggesting a 20% upside from the stock’s current price of $121.37. MTB has a dividend yield of 2.31%.

Goldman Sachs Downgrades Omnicom Group

Goldman Sachs has downgraded Omnicom Group Inc. (OMC) from “Buy” to “Neutral” on a valuation call. The firm has a $75 price target on OMC, suggesting a 10% increase from the stock’s current price of $67.66. OMC has a dividend yield of 2.36%.

Top 5 Rising Companies To Watch In Right Now

FBR Capital Raises Rating on PacWest Bancorp

PacWest Bancorp (PACW) has been upgraded at FBR Capital to “Outperform” due to its acquisition of CapitalSource. The firm has a $47 price target on PACW, suggesting a 20% upside from the stock’s current price of $39.41. PACW has