Check Out 3 Materials Stocks With Over 3% Dividend Yields From Wall Street's Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Three high-yielding stocks in the materials sector have been highlighted by Wall Street's most accurate analysts. These include Huntsman Corporation (HUN) with a dividend yield of 3.66%, Eastman Chemical Company (EMN) with a yield of 4.01%, and International Flavors & Fragrances Inc. (IFF) with a yield of 4.76%. Recent news for these companies include worse-than-expected Q2 results for HUN and IFF, and better-than-expected Q2 earnings for EMN.
September 18, 2023 | 5:28 pm
News sentiment analysis
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POSITIVE IMPACT
Eastman Chemical Company maintained its Overweight rating from Morgan Stanley and its price target was raised by Credit Suisse. The company reported better-than-expected Q2 earnings.
The maintained Overweight rating and the raised price target could positively impact the stock. The better-than-expected Q2 earnings could also drive the stock price up.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Huntsman Corporation was downgraded from Buy to Hold by Deutsche Bank, but its price target was raised. The company reported worse-than-expected Q2 results.
The downgrade from Deutsche Bank could negatively impact the stock. The worse-than-expected Q2 results could also drive the stock price down.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
International Flavors & Fragrances Inc. maintained its Hold rating from Stifel and its price target was lowered by Deutsche Bank. The company reported worse-than-expected Q2 results and issued a reduced FY23 outlook.
The lowered price target from Deutsche Bank could negatively impact the stock. The worse-than-expected Q2 results and the reduced FY23 outlook could also drive the stock price down.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100