Don't Miss These 3 Consumer Stocks With Over 3% Dividend Yields From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Wall Street's most accurate analysts have provided ratings for three consumer discretionary stocks with over 3% dividend yields. Darden Restaurants (DRI) received an Outperform rating from Oppenheimer and a Buy from Truist Securities, with recent upbeat earnings. The Cheesecake Factory (CAKE) was upgraded to Outperform by Wedbush despite downbeat quarterly results. Marriott Vacations Worldwide (VAC) saw a downgrade to Equal-Weight by Barclays and a maintained Buy rating from Truist Securities, with a new board member appointment.
January 08, 2024 | 1:51 pm
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POSITIVE IMPACT
Darden Restaurants received positive ratings from analysts with a recent increase in price target and reported upbeat earnings for its second quarter.
Positive analyst ratings and recent upbeat earnings suggest a favorable short-term outlook for DRI, potentially leading to an increase in stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
The Cheesecake Factory was upgraded to Outperform by Wedbush despite recent downbeat quarterly results, indicating a potential rebound.
The upgrade by Wedbush suggests a positive outlook, but the recent downbeat quarterly results may temper short-term stock performance.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Marriott Vacations received a downgrade from Barclays but maintained a Buy rating from Truist Securities, with a new board member appointment.
The mixed analyst ratings and recent board appointment create uncertainty, likely resulting in a neutral short-term impact on VAC's stock price.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70