In times of market volatility, many investors seek refuge in dividend-paying stocks. These companies, often with strong cash flows, reward shareholders with regular payouts. To help investors navigate this landscape, Benzinga provides a platform to access the latest analyst insights on their favorite stocks.
Here’s a breakdown of the most recent analyst ratings for three high-yielding tech stocks:
Xerox Holdings Corporation (XRX): Dividend Yield: 9.77%
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Loop Capital Analyst Ananda Baruah:
Maintained a Hold rating on August 14, lowering the price target from $14 to $11. This analyst boasts an accuracy rate of 76%.*
Citigroup Analyst Asiya Merchant:
Initiated coverage with a Sell rating and a price target of $11 on June 28. This analyst has an accuracy rate of 66%.Recent News: On September 5, Xerox announced a strategic partnership with Taktiful Software Solutions. Benzinga Pro’s real-time newsfeed keeps investors up-to-date on XRX news.
International Business Machines Corporation (IBM): Dividend Yield: 3.28%
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UBS Analyst David Vogt:
Maintained a Sell rating on September 4, raising the price target from $130 to $145. This analyst has an accuracy rate of 72%.*
Jefferies Analyst Brent Thill:
Maintained a Hold rating on July 25, boosting the price target from $190 to $200. This analyst has an accuracy rate of 78%.Recent News: On September 9, IBM announced its intent to acquire Accelalpha, a global Oracle services provider. Benzinga Pro’s charting tool can help investors identify trends in IBM stock.
Hewlett Packard Enterprise Company (HPE): Dividend Yield: 2.95%
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Loop Capital Analyst Ananda Baruah:
Maintained a Hold rating on September 9, raising the price target from $16 to $18. This analyst has an accuracy rate of 74%.*
B of A Securities Analyst Wamsi Mohan:
Maintained a Neutral rating on September 5, lowering the price target from $24 to $21. This analyst has an accuracy rate of 74%.Recent News: On September 9, Hewlett Packard Enterprise announced a public offering of $1.35 billion of Series C mandatory convertible preferred stock. Benzinga Pro’s signals feature can alert investors to potential breakouts in HPE shares.
This information can help investors make informed decisions about these high-yielding tech stocks. Benzinga Pro offers valuable tools for tracking analyst ratings, real-time news, and stock trends. Remember, this information is for informational purposes only and should not be considered investment advice.
