Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 7% Dividend Yields
Portfolio Pulse from Avi Kapoor
Analysts have provided ratings for three high-yield energy stocks: DHT Holdings, Vitesse Energy, and CVR Energy. DHT Holdings received mixed ratings with a recent upgrade and better-than-expected sales. Vitesse Energy saw a price target cut despite a Buy rating, following downbeat earnings. CVR Energy received negative ratings but posted strong earnings.
September 04, 2024 | 1:20 pm
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NEUTRAL IMPACT
CVR Energy has a 7.97% dividend yield. Analysts have negative ratings, but the company posted strong earnings. Price targets are mixed.
Despite strong earnings, CVR Energy's negative analyst ratings and mixed price targets suggest a neutral short-term impact.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Vitesse Energy offers an 8.44% dividend yield. Analysts maintain Buy ratings but have reduced price targets. Recent earnings were below expectations.
Vitesse Energy's downbeat earnings and reduced price targets offset the positive Buy ratings, leading to a neutral short-term outlook.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
DHT Holdings has a 10.35% dividend yield. Analysts have mixed views: Stifel raised the price target, while Jefferies upgraded to Buy. Recent sales exceeded expectations.
DHT Holdings' recent better-than-expected sales and an upgrade from Jefferies suggest positive short-term momentum. The high dividend yield adds attractiveness.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80