Wall Street's Most Accurate Analysts Say Buy These 3 Tech And Telecom Stocks With Over 3% Dividend Yields
Portfolio Pulse from Avi Kapoor
Wall Street's most accurate analysts recommend buying three tech and telecom stocks with over 3% dividend yields: AT&T Inc. (T), Verizon Communications Inc. (VZ), and Omnicom Group Inc. (OMC). These companies have high free cash flows and reward shareholders with high dividend payouts. Analysts have provided updated ratings and price targets for these stocks.
June 05, 2024 | 1:08 pm
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POSITIVE IMPACT
Omnicom Group Inc. (OMC) has received positive ratings from JP Morgan and Citigroup, with updated price targets. The company recently appointed a new SVP for Omnicom Group Qatar.
Positive analyst ratings and strategic leadership appointments indicate strong future performance for Omnicom, likely boosting investor confidence.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
AT&T Inc. (T) has received positive ratings from top analysts, with price targets raised by Scotiabank and Citigroup. The company is set to release its Q2 results on July 24.
Positive analyst ratings and raised price targets indicate strong confidence in AT&T's performance. Upcoming Q2 results could further impact the stock positively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Verizon Communications Inc. (VZ) has received positive ratings from Tigress Financial and Oppenheimer, with increased price targets. The company recently partnered with AST SpaceMobile.
Positive analyst ratings and a new partnership with AST SpaceMobile suggest strong future prospects for Verizon, likely boosting investor confidence.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100