In times of market unrest, investors often seek refuge in dividend-yielding stocks. These companies, with robust free cash flows, provide shareholders with substantial dividend payouts.
Investors looking for insights into high-yielding stocks can explore the latest analyses by top-rated analysts in the industry. By examining the recommendations from Wall Street’s most accurate analysts, traders can identify potentially lucrative opportunities in the sector.
Verizon Communications Inc. (NYSE: VZ)
- Dividend Yield: 6.68%
- TD Cowen: Analyst Dan Brennan, with an impressive accuracy rate of 71%, maintained a Buy rating and increased the price target from $48 to $51 on July 27.
- Tigress Financial: Analyst Ivan Feinseth, also boasting a 71% accuracy rate, held onto a Buy rating and raised the price target from $50 to $52 on May 17.
- Recent Developments: On July 22, Verizon announced private exchange offers for 10 series of notes, totaling up to $2.5 billion in new notes.
AT&T Inc. (NYSE: T)
- Dividend Yield: 5.87%
- Scotiabank: Analyst Jeff Fan, with a noteworthy 75% accuracy rate, maintained a Sector Outperform rating and lifted the price target from $23 to $24 on July 25.
- Oppenheimer: Analyst Timothy Horan, also with a 75% accuracy rate, retained an Outperform rating and increased the price target from $21 to $23 on July 25.
- Recent Developments: On August 5, NICE and AT&T broadened their collaboration to offer integrated solutions for emergency communication centers.
Sinclair, Inc. (NASDAQ: SBGI)
- Dividend Yield: 7.96%
- Guggenheim: Analyst Curry Baker, with a 65% accuracy rate, maintained a Buy rating and adjusted the price target from $30 to $20 on November 3, 2023.
- Benchmark: Analyst Daniel Kurnos, boasting a 73% accuracy rate, reiterated a Buy rating with a price target of $25 on August 23, 2023.
- Recent Developments: On July 30, Sinclair appointed Dean Ditmer as Vice President/General Manager of KATU and KUNP in Portland, OR.
Gain Further Insights: