Wall Street's Most Accurate Analysts Say Buy These 3 Consumer Stocks Delivering High-Dividend Yields
Portfolio Pulse from Lisa Levin
The most accurate Wall Street analysts recommend buying three high-dividend yielding consumer stocks: Darden Restaurants, Inc. (DRI), Levi Strauss & Co. (LEVI), and Bloomin' Brands, Inc. (BLMN). These companies have been rated by analysts from Stephens & Co., Citigroup, Stifel, Guggenheim, Credit Suisse, and Barclays, with accuracy rates ranging from 70% to 76%. Recent news for these companies include upcoming financial results, margin decline and soft EPS guidance, and interest from an activist investor.
September 07, 2023 | 12:49 pm
News sentiment analysis
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NEUTRAL IMPACT
Levi Strauss & Co. has been rated Buy by Stifel and Guggenheim, despite a recent margin decline and soft FY23 EPS guidance.
While the company has received positive ratings from analysts, the recent margin decline and soft EPS guidance could potentially offset any short-term gains.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Bloomin' Brands, Inc. has been rated Outperform by Credit Suisse and Overweight by Barclays. An activist investor has recently disclosed its interest in the company.
The positive ratings from top analysts and the interest from an activist investor could potentially drive the stock price up in the short term.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Darden Restaurants, Inc. has been rated Overweight by Stephens & Co. and Buy by Citigroup. The company is set to release its fiscal 2024 first quarter financial results on Sept. 21, 2023.
The positive ratings from top analysts and the upcoming release of financial results could potentially drive the stock price up in the short term.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100