Wall Street's Most Accurate Analysts Spotlight On 3 Industrials Stocks Delivering High-Dividend Yields
Author: Avi Kapoor | August 26, 2024 08:54am
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 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 industrials sector.
Deutsche Bank analyst Michael Linenberg maintained a Buy rating and cut the price target from $145 to $130 on Aug. 8. This analyst has an accuracy rate of 75%.
Raymond James analyst Savanthi Syth maintained a Strong Buy rating and boosted the price target from $165 to $168 on May 17. This analyst has an accuracy rate of 63%.
Recent News: On Aug. 7, Copa Holdings posted upbeat quarterly earnings.
TD Cowen analyst Lance Vitanza maintained a Buy rating and raised the price target from $33 to $35 on May 14. This analyst has an accuracy rate of 74%.
Northcoast Research analyst Kartik Mehta initiated coverage on the stock with a Buy rating and a price target of $27 on April 19. This analyst has an accuracy rate of 62%.
Recent News: On July 31, Deluxe reported mixed second-quarter financial results and cut its FY24 revenue guidance below estimates.