Wall Street's Most Accurate Analysts Say Buy These 3 Utilities Stocks With Over 3% Dividend Yields
Portfolio Pulse from Avi Kapoor
Wall Street's most accurate analysts recommend buying three utilities stocks with over 3% dividend yields: CMS Energy Corporation (CMS), Sempra (SRE), and PPL Corporation (PPL). These recommendations are based on their high dividend yields, strong quarterly earnings, and positive analyst ratings with increased price targets.
May 02, 2024 | 12:56 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
CMS Energy Corporation received positive ratings from BMO Capital and JP Morgan, with increased price targets following better-than-expected quarterly earnings.
The positive analyst ratings and increased price targets, combined with better-than-expected quarterly earnings, suggest a strong short-term outlook for CMS.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
PPL Corporation outperformed in its recent quarterly earnings, receiving buy ratings and higher price targets from B of A Securities and RBC Capital.
Better-than-expected quarterly earnings and positive analyst ratings with increased price targets indicate a positive short-term trajectory for PPL.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Sempra has an upcoming earnings release with positive expectations, backed by strong ratings and increased price targets from Barclays and RBC Capital.
The anticipation of strong earnings, along with positive analyst ratings and increased price targets, positions SRE favorably in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85