Wall Street's Most Accurate Analysts Say Hold These 3 Tech Stocks With Over 4% Dividend Yields
Portfolio Pulse from Lisa Levin
Wall Street's most accurate analysts recommend holding three high-yield dividend tech stocks: International Business Machines Corporation (IBM), Telefonaktiebolaget LM Ericsson (ERIC), and Seagate Technology Holdings (STX). These stocks have dividend yields of 5.24%, 5.15%, and 4.57%, respectively.
May 26, 2023 | 11:26 am
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NEUTRAL IMPACT
ERIC has a dividend yield of 5.15%. Raymond James and Exane BNP Paribas analysts downgraded the stock to Market Perform and Neutral, respectively.
ERIC's high dividend yield is appealing to investors, but the downgrades from analysts indicate a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
IBM has a dividend yield of 5.24%. BMO Capital and Evercore ISI Group analysts maintain Market Perform and In-Line ratings, respectively, with reduced price targets.
IBM's high dividend yield is attractive to investors, but the reduced price targets from analysts suggest a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
STX has a dividend yield of 4.57%. Deutsche Bank and Wedbush analysts maintain Hold and Neutral ratings, respectively, with reduced price targets.
STX's high dividend yield is attractive to investors, but the reduced price targets from analysts suggest a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100