Wall Street's Most Accurate Analysts' Views On 3 Consumer Stocks Delivering High-Dividend Yields
Portfolio Pulse from Avi Kapoor
Wall Street's most accurate analysts have provided their views on three high-dividend yielding consumer stocks: Leggett & Platt, AT&T, and Hasbro. Leggett & Platt and Hasbro reported worse-than-expected financial results, leading to price target adjustments. AT&T, however, received positive price target revisions and announced a billing credit for customers affected by a network outage.
March 07, 2024 | 12:59 pm
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NEGATIVE IMPACT
Hasbro reported worse-than-expected financial results, leading to a price target increase by one analyst and a downgrade by another.
The negative financial performance and mixed analyst reactions suggest a bearish outlook for Hasbro in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 85
NEGATIVE IMPACT
Leggett & Platt's financial results fell short of expectations, leading to a price target cut by analysts.
The negative financial results and subsequent price target reductions by analysts suggest a bearish outlook for Leggett & Platt in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
AT&T received positive price target revisions from analysts and announced a billing credit for customers after a network outage.
The positive analyst ratings and proactive customer service response to a network outage indicate a potentially positive short-term impact on AT&T's stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90