Wall Street's Most Accurate Analysts' Views On 3 Tech And Telecom 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 stocks in the tech and telecom sectors: Sinclair, Inc. (SBGI), Verizon Communications Inc. (VZ), and Telephone and Data Systems, Inc. (TDS). Analysts have given mixed ratings and price targets for these stocks, reflecting their performance and recent financial results.
May 20, 2024 | 12:49 pm
News sentiment analysis
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NEUTRAL IMPACT
Sinclair, Inc. (NASDAQ: SBGI) has received mixed ratings from analysts. Rosenblatt's Barton Crockett raised the price target to $15.7 with a Neutral rating, while Guggenheim's Curry Baker cut the price target to $20 but maintained a Buy rating.
The mixed ratings and price target adjustments indicate uncertainty about Sinclair's short-term performance. The Neutral and Buy ratings suggest a balanced outlook, leading to a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Telephone and Data Systems, Inc. (NYSE: TDS) has received mixed ratings from analysts. Morgan Stanley's Simon Flannery increased the price target to $18 with an Equal-Weight rating, while Citigroup's Michael Rollins upgraded the stock to Buy with a $16 price target.
The mixed ratings and price target adjustments indicate uncertainty about TDS's short-term performance. The Equal-Weight and Buy ratings suggest a balanced outlook, leading to a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Verizon Communications Inc. (NYSE: VZ) has received positive ratings from analysts. Tigress Financial's Ivan Feinseth raised the price target to $52 with a Buy rating, and Oppenheimer's Timothy Horan maintained an Outperform rating with a $48 price target.
The positive ratings and increased price targets from analysts suggest a favorable short-term outlook for Verizon. The Buy and Outperform ratings indicate confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100