Wall Street's Most Accurate Analysts Spotlight On 3 Tech And Telecom Stocks Delivering High-Dividend Yields
Benzinga · 05/14 12:15
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During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the communication services sector.
Shutterstock, Inc. (NYSE:SSTK)
- Dividend Yield: 6.83%
- JMP Securities analyst Andrew Boone reiterated a Market Perform rating on May 5, 2025. This analyst has an accuracy rate of 76%.
- Needham analyst Bernie McTernan maintained a Buy rating and cut the price target from $45 to $30 on March 7, 2025. This analyst has an accuracy rate of 65%.
- Recent News: On May 2, the company posted downbeat quarterly results
- Benzinga Pro’s real-time newsfeed alerted to latest SSTK news.
Verizon Communications Inc. (NYSE:VZ)
- Dividend Yield: 6.35%
- Tigress Financial analyst Ivan Feinseth maintained a Buy rating and raised the price target from $55 to $56 on April 28, 2025. This analyst has an accuracy rate of 73%.
- Scotiabank analyst Maher Yaghi maintained a Sector Perform rating and increased the price target from $48.5 to $49 on April 23, 2025. This analyst has an accuracy rate of 67%.
- Recent News: On May 13, Verizon announced a $5 billion commitment to continue investing in America and supporting small businesses.
- Benzinga Pro's real-time newsfeed alerted to latest VZ news
Nexstar Media Group, Inc. (NASDAQ:NXST)
- Dividend Yield: 4.27%
- Benchmark analyst Daniel Kurnos maintained a Buy rating and raised the price target from $215 to $220 on May 9, 2025. This analyst has an accuracy rate of 76%.
- Wells Fargo analyst Steven Cahall maintained an Overweight rating and cut the price target from $216 to $200 on May 1, 2025. This analyst has an accuracy rate of 65%.
- Recent News: On May 8, Nexstar Media Group reported better-than-expected first-quarter EPS results.
- Benzinga Pro’s real-time newsfeed alerted to latest NXST news
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Photo via Shutterstock
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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