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CSCO

GLW

MEI

Wall Street's most accurate analysts have provided their views on three high-dividend yielding tech stocks: Methode Electronics, Inc. (MEI), Corning Incorporated (GLW), and Cisco Systems, Inc. (CSCO). These stocks are highlighted for their attractive dividend yields and recent analyst ratings, including upgrades, downgrades, and maintained positions, along with specific price targets and analyst accuracy rates. Recent company news includes Methode Electronics' CFO retirement, Corning's Q4 sales report, and Cisco's launch of new collaboration devices.

Portfolio Pulse from Avi Kapoor

April 29, 2024 | 11:41 am

JKS

JinkoSolar Holding shares are trading higher after the company reported mixed financial results for the first quarter.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:37 am

DCPH

Deciphera Pharmaceuticals (DCPH) shares surged following the announcement of its acquisition by ONO Pharmaceutical for $25.60 per share in cash.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:35 am

HTLF

UMBF

UMB Financial Corporation is set to acquire Heartland Financial USA in an all-stock transaction valued at approximately $2 billion. HTLF stockholders will receive a fixed exchange ratio of 0.55 shares of UMB stock for each share of HTLF, with the per-share consideration valued at $45.74.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:33 am

HNI

HNI Corporation reported Q1 adjusted earnings of $0.37 per share, surpassing the consensus estimate of $0.18, a 105.56% beat. Quarterly sales reached $588M, exceeding expectations by 2.34% and marking a 22.73% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:31 am

ARQQ

Arqit Quantum's stock price increased following the announcement of its partnership with Intel to launch Quantum-Safe, 1.89 Tb IPsec products.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:29 am

GWW

Stephens & Co. analyst Tommy Moll upgraded W.W. Grainger (GWW) from Equal-Weight to Overweight and increased the price target from $1000 to $1250.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:27 am

CLVR

Clever Leaves Holdings announced its decision to voluntarily delist its common shares from the Nasdaq and deregister its Securities, aiming to terminate and suspend its reporting obligations. This move has led to a decrease in the trading price of its shares.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:27 am

IYE

XLE

XOM

Exxon Mobil Corporation (NYSE:XOM) is in talks with Turkey for a multibillion-dollar LNG deal to help Turkey reduce its reliance on Russian natural gas. Turkey aims to secure up to 2.5 million tonnes of LNG annually from Exxon, which could cost about $1.1 billion and cover 7% of its consumption. Exxon is expanding its LNG portfolio and recently reported first-quarter revenue of $83.083 billion. Investors can also gain exposure to XOM through Energy Select Sector SPDR Fund (NYSE:XLE) and iShares U.S. Energy ETF (NYSE:IYE).

Portfolio Pulse from Lekha Gupta

April 29, 2024 | 11:27 am

HTLFP

Trading for HTLFP was halted at 7:25:40 a.m. ET due to pending news. The halt is a temporary measure until the news affecting the stock is released.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:25 am