In times of market uncertainty, investors often seek the stability of dividend-yielding stocks. These companies, typically with strong cash flow, reward shareholders with regular payouts. For those seeking insights on high-yield tech stocks, Benzinga Pro offers an invaluable resource: Analyst Stock Ratings. This platform allows you to sort through expert opinions, including their accuracy rates, to make informed investment decisions.
Here’s a snapshot of the latest analyst ratings for three prominent tech dividend payers:
Xerox Holdings Corporation (XRX) – Dividend Yield: 11.24%
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JP Morgan analyst Samik Chatterjee
maintained an Underweight rating and lowered the price target from $11 to $8 on October 30th. Chatterjee boasts a 70% accuracy rate.*
Loop Capital analyst Ananda Baruah
maintained a Hold rating but slashed the price target from $14 to $11 on August 14th. This analyst has a 75% accuracy rate.
Recent News:
On October 29th, Xerox reported disappointing third-quarter financial results and revised its annual outlook downward. Benzinga Pro’s real-time newsfeed delivered immediate alerts on this significant development.
Silicon Motion Technology Corporation (SIMO) – Dividend Yield: 3.57%
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Needham analyst Quinn Bolton
maintained a Buy rating but reduced the price target from $94 to $75 on November 1st. Bolton has a strong 79% accuracy rate.*
Wedbush analyst Matt Bryson
reiterated an Outperform rating with a price target of $90 on October 2nd. This analyst has an accuracy rate of 81%.
Recent News:
On October 30th, Silicon Motion Technology announced better-than-expected quarterly earnings, a positive sign for investors. Benzinga Pro’s real-time newsfeed alerted users to this development.
International Business Machines Corporation (IBM) – Dividend Yield: 3.13%
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BMO Capital analyst Keith Bachman
maintained a Market Perform rating and raised the price target from $235 to $260 on October 24th. Bachman’s accuracy rate stands at 81%.*
Jefferies analyst Brent Thill
maintained a Hold rating but increased the price target from $200 to $245 on October 21st. Thill boasts a 77% accuracy rate.
Recent News:
On October 23rd, IBM reported third-quarter revenue of $14.968 billion, falling short of the consensus estimate of $15.07 billion. The company also reported a quarterly loss from continuing operations of 34 cents per share. Benzinga Pro’s charting tool provides insights into the trend of IBM’s stock performance.Benzinga Pro offers valuable tools and insights for investors navigating the complexities of the financial markets. From real-time news alerts to charting functionalities, it equips you with the resources to make informed investment decisions.
