Wall Street's Most Accurate Analysts' Views On 3 Materials Stocks With Over 3% Dividend Yields
Portfolio Pulse from Avi Kapoor
Wall Street's most accurate analysts have provided updates on three materials sector stocks with over 3% dividend yields: Kronos Worldwide, Inc. (KRO), Eastman Chemical Company (EMN), and The Scotts Miracle-Gro Company (SMG). KRO received an Underweight and a Sell rating with increased price targets, following better-than-expected Q4 results. EMN maintained Buy ratings with slightly adjusted price targets after being selected for a significant investment by the US Department of Energy. SMG was downgraded to Market Perform by Raymond James and had its price target cut by Barclays, after posting a narrower-than-expected quarterly loss.
April 02, 2024 | 12:02 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
The Scotts Miracle-Gro Company was downgraded to Market Perform by Raymond James and saw a price target cut by Barclays, despite a narrower-than-expected quarterly loss.
The downgrade and price target cut could negatively impact SMG's stock in the short term, despite the company posting a narrower-than-expected loss.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEUTRAL IMPACT
Kronos Worldwide, Inc. received mixed analyst ratings but with increased price targets following strong Q4 results.
Despite mixed ratings, the increase in price targets by analysts following better-than-expected Q4 results could indicate a stable short-term outlook for KRO.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90
POSITIVE IMPACT
Eastman Chemical Company maintained Buy ratings with slight adjustments to price targets after a significant investment announcement by the US Department of Energy.
The continued Buy ratings and the recent significant investment by the US Department of Energy could positively impact EMN's stock in the short term.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 95