Reported about 1 year ago
Recent actions from analysts suggest challenging times ahead for dividend stocks Huntington Bancshares Incorporated (NASDAQ: HBAN) and Oxford Industries, Inc. (NYSE: OXM), with their price target cuts. Huntington Bancshares experienced a downgrade by Piper Sandler to 'Underweight' with a lowered price target, while Oxford Industries had its target reduced by Citigroup. Income investors may consider alternative options like the Ascent Income Fund from EquityMultiple as a potential alternative providing higher yields and more stable returns in times of uncertainty in the stock market.
Source: YAHOO