Wall Street's Most Accurate Analysts Spotlight On 3 Tech & Telecom Stocks Delivering High-Dividend Yields
Author: Avi Kapoor | January 28, 2025 08:05am
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 communication services sector.
Scotiabank analyst Maher Yaghi maintained a Sector Perform rating and raised the price target from $47 to $47.5 on Jan. 27, 2025. This analyst has an accuracy rate of 62%.
UBS analyst John Hodulik maintained a Neutral rating and increased the price target from $44 to $45 on Dec. 20, 2024. This analyst has an accuracy rate of 76%.
Recent News: On Jan. 24, Verizon reported better-than-expected fourth-quarter GAAP EPS and revenue results.
Benzinga Pro's real-time newsfeed alerted to latest VZ news.
The Interpublic Group of Companies, Inc. (NYSE:IPG)
Dividend Yield: 4.51%
JP Morgan analyst David Karnovsky upgraded the stock from Neutral to Overweight and increased the price target from $32 to $39 on Jan. 27, 2025. This analyst has an accuracy rate of 71%.
Wells Fargo analyst Steven Cahall upgraded the stock from Underweight to Equal-Weight and raised the price target from $26 to $34 on Dec. 10, 2024. This analyst has an accuracy rate of 62%.
Recent News: On Dec. 9, 2024, Omnicom Group Inc (NYSE:OMC) agreed Monday to acquire Interpublic Group of Companies in a stock-for-stock transaction.
Benzinga Pro's real-time newsfeed alerted to latest IPG news
Needham analyst Bernie McTernan maintained a Buy rating and cut the price target from $55 to $45 on Jan. 13, 2025. This analyst has an accuracy rate of 66%.
JMP Securities analyst Andrew Boone reiterated a Market Perform rating on Jan. 6, 2025. This analyst has an accuracy rate of 81%.
Recent News: On Jan.7, Getty Images and Shutterstock announced a $3.7 billion merger.
Benzinga Pro’s real-time newsfeed alerted to latest SSTK news.
