Chevron (CVX) (THS) (WAT) (MWV) (CEA) (NTAP) Upgraded

Chevron (NYSE: CVX), TreeHouse Foods Inc. (NYSE: THS), Waters Corporation (NYSE: WAT), MeadWestvaco Corp. (NYSE: MWV), China Eastern Airline (NYSE: CEA) and NetApp Inc. (NASDAQ: NTAP) upgraded by analysts.

TreeHouse Foods Inc. (THS) was upgraded by BB&T (NYSE:BBT) from a “Hold” rating to a “Buy” rating.

Waters Corporation (WAT) was upgraded by Auriga from a “Hold” rating to a “Buy” rating. They have a price target of $103.00 on the company.

Chevron (CVX) was upgraded by Standpoint Research from a “Hold” rating to an “Accumulate” rating. They have a price target of $115.00 on the company.

MeadWestvaco Corp. (MWV) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating.

China Eastern Airline (CEA) was upgraded by Credit Suisse (NYSE:CS) from an “Underperform” rating to a “Neutral” rating.

NetApp Inc. (NTAP) was upgraded by Piper Jaffray (NYSE:PJC) from a “Neutral” rating to an “Overweight” rating. They have a price target of $58.00 on the company.

Dividend Yields for (BMS) (MWV) (DD) (DOW) (APD)

Indicated dividend yields for Standard & Poor's 500 Index companies Bemis Co Inc (BMS), MeadWestvaco Corp (MWV), EI du Pont de Nemours & Co (DD), Dow Chemical Co (DOW) and Air Products & Chemicals (APD).

These dividend data indicate dividend yields of companies in the Standard & Poor's 500 Index as of Saturday, April 30. The yield is determined by taking the latest declared dividend, annualized and divided by the price of the stock. Payout ratios are calculated based on latest quarterly dividend paid divided by earnings.

Bemis Co Inc (BMS) has a dividend yield of 3.06 percent on a declared dividend of $0.24. The payout ratio is 51.1 percent.

MeadWestvaco Corp (MWV) has a dividend yield of 2.97 percent on a declared dividend of $0.25. The payout ratio is 60.8 percent.

EI du Pont de Nemours & Co (DD) has a dividend yield of 2.89 percent on a declared dividend of $0.41. The payout ratio is 26.6 percent.

Dow Chemical Co (DOW) has a dividend yield of 2.44 percent on a declared dividend of $0.25. The payout ratio is 27.3 percent.

Air Products & Chemicals Inc (APD) has a dividend yield of 2.43 percent on a declared dividend of $0.58. The payout ratio is 40.4 percent.

Newport (NEWP) (NLC) (MWV) (NOC) (NOV) Price Targets Adjusted

Price targets on Newport Co. (NASDAQ: NEWP), Nalco Holding Co (NYSE: NLC), MeadWestvaco Corp. (NYSE: MWV), Northrop Grumman Cor (NYSE: NOC) and National-Oilwell Varco, Inc. (NYSE: NOV) adjusted by analysts.

RBC Capital raised their price target on MeadWestvaco Corp. (MWV) from $35.00 to $40.00. They have an “outperform” rating on the company.

Needham & Company raised their price target on Newport Co. (NEWP) from $22.00 to $24.00. They have a “buy” rating on the company.

JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Nalco Holding Co (NLC) from $30.00 to $33.00. They have an “overweight” rating on the company.

Citigroup (NYSE:C) raised their price target on Northrop Grumman (NOC) from $76.00 to $79.00. They have a “buy” rating on the company.

RBC Capital cut their price target on National-Oilwell Varco, Inc. (NOV) from $95.00 to $90.00. They have an “outperform” rating on the company.