Workflow
Wall Street's Most Accurate Analysts Give Their Take On 3 Consumer Stocks Delivering High-Dividend Yields
GuessGuess(US:GES) Benzingaยท2024-10-02 12:39

Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Company Summaries Kohl's Corporation (KSS) - Dividend Yield: 9.66% - JP Morgan analyst Matthew Boss downgraded the stock from Neutral to Underweight with a price target of $19 on Aug. 29, with an accuracy rate of 68% [3] - Evercore ISI Group analyst Michael Binetti maintained an In-Line rating and reduced the price target from $22 to $20 on Aug. 29, with an accuracy rate of 62% [3] - Recent News: Kohl's reported better-than-expected second-quarter financial results on Aug. 28 [3] Guess?, Inc. (GES) - Dividend Yield: 6.09% - Small Cap Consumer Research analyst Eric Beder reiterated a Buy rating with a price target of $29 on Oct. 1, with an accuracy rate of 64% [4] - Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating and cut the price target from $26 to $21 on Aug. 29, with an accuracy rate of 61% [4] - Recent News: Guess? reported worse-than-expected second-quarter adjusted EPS results and lowered its FY25 adjusted EPS guidance below estimates on Aug. 28 [4] The Wendy's Company (WEN) - Dividend Yield: 5.66% - JP Morgan analyst John Ivankoe maintained a Neutral rating and raised the price target from $20 to $22 on Sept. 16, with an accuracy rate of 75% [5] - TD Cowen analyst Andrew Charles reiterated a Hold rating with a price target of $17 on Sept. 9, with an accuracy rate of 80% [5] - Recent News: The Wendy's Company announced executive leadership appointments on Sept. 16 [5]