Wednesday’s Analyst Moves: Intel Corporation, Nike Inc, Wells Fargo & Co, More (INTC, NKE, WFC, 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.

Mixed Views on Intel

Morgan Stanley has cut its rating on Intel Corporation (INTC) to “Underweight” as shipping is outpacing demand. The firm has a $30 price target on INTC, suggesting a 6% decline.

On the flipside, Pacific Crest has boosted its price target on INTC to $39, suggesting a 21% increase. The firm also raised estimates on the company due to higher corporate PC demand. INTC has a dividend yield of 2.80%.

Goldman Adds Nike to Conviction Buy List

Goldman Sachs has added Nike Inc (NKE