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%.

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