Check Out 3 High-Yielding Dividend Stocks In Tech Sector From Wall Street's Most Accurate Analysts
Portfolio Pulse from Lisa Levin
The article discusses three high-yielding dividend stocks in the tech sector, as recommended by Wall Street's most accurate analysts. The stocks are Xerox Holdings Corporation (XRX), International Business Machines Corporation (IBM), and Juniper Networks, Inc. (JNPR). The article provides recent analyst ratings and price targets for these stocks, along with recent news about each company.
October 16, 2023 | 1:07 pm
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POSITIVE IMPACT
International Business Machines Corporation has a dividend yield of 4.80%. Analysts have positive ratings, with recent price target increases from RBC Capital and B of A Securities. The company recently announced a collaboration with Salesforce to accelerate AI adoption for CRM.
The positive analyst ratings, recent price target increases, and the collaboration with Salesforce to accelerate AI adoption for CRM could have a positive impact on IBM's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Juniper Networks, Inc. has a dividend yield of 3.43%. Analysts have mixed ratings, with a recent downgrade from JP Morgan and a maintained Buy rating from Citigroup. The company recently approved a restructuring plan to reallocate resources.
The mixed analyst ratings and recent news about the company's restructuring plan could have a neutral impact on Juniper Networks' stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Xerox Holdings Corporation has a dividend yield of 6.99%. Analysts have mixed ratings, with a recent price target increase from Credit Suisse and a decrease from Citigroup. The company recently expanded its financial services program with PEAC Solutions.
The mixed analyst ratings and recent news about the expansion of its financial services program could have a neutral impact on Xerox's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100