Wall Street's Most Accurate Analysts Weigh In On 3 Tech Stocks Delivering High-Dividend Yields
Portfolio Pulse from Avi Kapoor
Analysts have provided ratings for three high-dividend tech stocks: Xerox (XRX), IBM (IBM), and Hewlett Packard Enterprise (HPE). Xerox has a high dividend yield of 9.77% and recent strategic partnership news. IBM, with a 3.28% yield, plans to acquire Accelalpha. HPE, yielding 2.95%, announced a $1.35 billion stock offering.
September 10, 2024 | 11:58 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
IBM maintains a 3.28% dividend yield. Analysts have varied ratings, with UBS raising the price target to $145. IBM plans to acquire Accelalpha, which could impact future growth.
IBM's acquisition of Accelalpha suggests potential growth, supported by a raised price target, which may positively impact the stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 75
NEUTRAL IMPACT
Hewlett Packard Enterprise offers a 2.95% dividend yield. Analysts have neutral ratings, with a recent $1.35 billion stock offering announcement.
HPE's stock offering may dilute shares, balancing the neutral analyst ratings and stable dividend yield, leading to a neutral short-term impact.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Xerox has a high dividend yield of 9.77%. Analysts have mixed ratings, with Loop Capital cutting the price target to $11. Recent news includes a strategic partnership with Taktiful Software Solutions.
Xerox's high dividend yield is attractive, but mixed analyst ratings and a reduced price target may offset positive sentiment from the new partnership.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80