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 updates on three high-dividend yielding consumer stocks: Darden Restaurants, Inc. (DRI), Tapestry, Inc. (TPR), and Macy's, Inc. (M). These updates include ratings and price target adjustments, reflecting the analysts' views on the stocks' future performance. DRI reported mixed Q3 results, TPR is set to discuss its fiscal 2024 Q3 results, and Macy's announced new board members.
May 06, 2024 | 11:58 am
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POSITIVE IMPACT
Darden Restaurants received mixed analyst ratings with a general positive outlook and a recent report of mixed Q3 results.
Positive analyst ratings and high dividend yield suggest confidence in DRI's performance, though mixed Q3 results may cause short-term volatility.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Tapestry, Inc. sees an upgrade and price target increase from analysts, with an upcoming fiscal 2024 Q3 results call.
Analyst upgrades and raised price targets indicate a strong bullish sentiment for TPR, potentially boosting its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
NEUTRAL IMPACT
Macy's, Inc. receives mixed analyst ratings with a slight downgrade and price target adjustments, alongside board member announcements.
While the board member announcement is positive, the mixed analyst ratings and slight downgrades may lead to neutral short-term stock movement.
CONFIDENCE 75
IMPORTANCE 75
RELEVANCE 85