Wall Street's Most Accurate Analysts Give Their Take On 3 Consumer Stocks Delivering High-Dividend Yields
Portfolio Pulse from Avi Kapoor
Analysts provide ratings on three high-dividend consumer stocks: Kohl's, Guess?, and Wendy's. Kohl's was downgraded by JP Morgan, Guess? had mixed ratings after poor earnings, and Wendy's saw a price target increase following leadership changes.
October 02, 2024 | 12:40 pm
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POSITIVE IMPACT
Wendy's saw a price target increase from JP Morgan following executive leadership changes, maintaining a Neutral rating.
The price target increase and leadership changes are positive signals, likely leading to a short-term price uptick.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Guess? received a Buy rating from Small Cap Consumer Research but faced a price target cut from Telsey Advisory after poor Q2 EPS results.
Mixed analyst ratings and poor Q2 results create uncertainty, likely leading to neutral short-term price movement.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 85
NEGATIVE IMPACT
Kohl's was downgraded by JP Morgan to Underweight with a price target of $19, despite better-than-expected Q2 results.
JP Morgan's downgrade to Underweight suggests a negative outlook, likely impacting short-term stock price negatively, despite good Q2 results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90