6 Dividend Stocks Downgraded To Hold

The dividend downgrades slowed down last week compared to previous weeks where investment firms had been more aggressive with their downgrades. Only 7 dividend stocks with yields of 2% or more were downgraded to Hold. One was downgraded to Sell. We have listed the reason for the downgrade and the new price target when it was made available by the analyst. Vornado Realty Trust (VNO) Vornado Realty Trust is a REIT that was downgraded by UBS from Buy to Neutral on March 5th, with a price target of $85 per share. UBS cited a lack of near-term catalysts as well as what it called an "overly complicated story" as the reason for the downgrade. VNO was also downgraded by Argus from a Buy to a Hold on March 8th. VNO has a dividend yield of 3.4% and has increased its dividend for 2 years since it cut its dividend back... Read more