Dividend.com: Burlington Northern Off Track

Polaris Industries is not recommended at this time, holding a Dividend.com Rating of 2.9 out of 5 stars.

Charles Schwab Target Price Lowered

Shares of Charles Schwab(SCHW Quote) are down 2% so far today after an analyst from Credit Suisse lowered the company's price target to $19 from $21.

The analyst is maintaining the stock as an outperform. The brokerage firm recently announced it was reducing overall staffing by approximately 100 positions -- mostly at the officer level. We do not have Schwab's December asset figures yet, but the company's November totals were $1.112 trillion, which was down 23% from November 2007 and down 4% from October 2008.

We had removed shares of Schwab from our "Recommended" list back on Sept. 15, when the shares traded at $22.70. The company has a dividend yield of 1.55%, based on Friday's closing stock price of $15.46.

The stock does have technical support in the $13 price area. If that fails, we may see the stock retest 2003 lows of $7. If the shares can stabilize and regain some momentum, we see overhead resistance at the $18 to $19 levels. We would remain on the sidelines for now.

Charles Schwab is not recommended at this time, holding a Dividend.com Rating of 3.4 out of 5 stars.

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