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Wall Street's Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks Delivering High-Dividend Yields

Benzinga · 06/02 12:42

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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.

Nexstar Media Group, Inc. (NASDAQ:NXST)

Dividend Yield: 4.37%
Benchmark analyst Daniel Kurnos maintained a Buy rating and increased the price target from $215 to $220 on May 9, 2025. This analyst has an accuracy rate of 77%.
Wells Fargo analyst Steven Cahall maintained an Overweight rating and slashed the price target from $216 to $200 on May 1, 2025. This analyst has an accuracy rate of 66%.
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.

Omnicom Group Inc. (NYSE:OMC)

Dividend Yield: 3.81%
JP Morgan analyst David Karnovsky maintained an Overweight rating and cut the price target from $116 to $104 on April 16, 2025. This analyst has an accuracy rate of 72%.
Wells Fargo analyst Steven Cahall maintained an Equal-Weight rating and cut the price target from $99 to $84 on April 16, 2025. This analyst has an accuracy rate of 66%.
Recent News: On April 15, Omnicom Group reported worse-than-expected first-quarter revenue results.
Benzinga Pro's real-time newsfeed alerted to latest OMC news

AT&T Inc. (NYSE:T)

Dividend Yield: 3.99%
Tigress Financial analyst Ivan Feinseth maintained a Buy rating and raised the price target from $32 to $34 on April 29, 2025. This analyst has an accuracy rate of 74%.
Morgan Stanley analyst Simon Flannery maintained an Overweight rating and increased the price target from $30 to $31 on April 24, 2025. This analyst has an accuracy rate of 65%.
Recent News: AT&T will release second-quarter earnings on July 23.
Benzinga Pro’s real-time newsfeed alerted to latest T news

Read More:

Wall Street’s Most Accurate Analysts Spotlight On 3 Utilities Stocks Delivering High-Dividend Yields

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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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