Don't Miss These 3 High-Yielding Dividend Stocks In Health Care Sector From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Three high-yielding dividend stocks in the health care sector have been rated by Wall Street's most accurate analysts. Organon & Co. (OGN) has a dividend yield of 9.97% but received mixed ratings and a price target cut. CVS Health Corporation (CVS) offers a 3.61% yield, maintained positive ratings, and announced a consistent dividend. Baxter International Inc. (BAX) with a 3.19% yield, also saw price target reductions but reported revenue that beat consensus. Recent news and analyst accuracy rates are considered for investment insights.
December 12, 2023 | 1:48 pm
News sentiment analysis
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NEGATIVE IMPACT
Organon & Co. has a high dividend yield but received a downgrade and a price target cut, indicating potential concerns over its future performance.
The downgrade by B of A Securities and the reduced price target by Piper Sandler suggest that there may be underlying issues that could negatively impact OGN's stock price in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Baxter International reported revenue that beat consensus, but faced price target cuts, presenting a mixed short-term outlook.
While Baxter International beat revenue expectations, the price target reductions by JP Morgan and Citigroup indicate caution, leading to a neutral short-term impact on the stock.
CONFIDENCE 70
IMPORTANCE 65
RELEVANCE 70
POSITIVE IMPACT
CVS Health maintains positive analyst ratings and a stable dividend, indicating a potentially stable investment despite a slight price target reduction.
The maintained Overweight and Outperform ratings by Morgan Stanley and Raymond James, respectively, along with the reiteration of FY23 guidance and a consistent dividend, suggest a positive short-term outlook for CVS.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80