Wall Street's Most Accurate Analysts Say Buy These 3 Tech And Telecom Stocks With Over 5% Dividend Yields
Author: Avi Kapoor | August 06, 2024 10:07am
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector.
TD Cowen analyst Dan Brennan maintained a Buy rating and raised the price target from $48 to $51 on July 27. This analyst has an accuracy rate of 71%.
Tigress Financial analyst Ivan Feinseth maintained a Buy rating and boosted the price target from $50 to $52 on May 17. This analyst has an accuracy rate of 71%.
Recent News: On July 22, Verizon announced private exchange offers for 10 series of notes for up to $2.5 billion of new notes.
Scotiabank analyst Jeff Fan maintained a Sector Outperform rating and increased the price target from $23 to $24 on July 25. This analyst has an accuracy rate of 75%.
Oppenheimer analyst Timothy Horan maintained an Outperform rating and raised the price target from $21 to $23 on July 25. This analyst has an accuracy rate of 75%.
Recent News: On Aug. 5, NICE and AT&T expanded collaboration to provide integrated solutions for emergency communications centers.
Guggenheim analyst Curry Bakermaintained a Buy rating and cut the price target from $30 to $20 on Nov. 3, 2023. This analyst has an accuracy rate of 65%.
Benchmark analyst Daniel Kurnos reiterated a Buy rating with a price target of $25 on Aug. 23, 2023. This analyst has an accuracy rate of 73%.
Recent News: On July 30, Sinclair named Dean Ditmer as Vice President/General Manager of KATU and KUNP in Portland, OR.
