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Wall Street's Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks With Over 4% Dividend Yields
NXSTNexstar Media(NXST) Benzinga·2024-11-14 12:32

Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Group 1: High-Yielding Stocks in Communication Services - Verizon Communications Inc. (VZ) has a dividend yield of 6.59%. Scotiabank analyst Maher Yaghi maintained a Sector Perform rating and reduced the price target from 47.25to47.25 to 47, while UBS analyst John Hodulik kept a Neutral rating and increased the price target from 43to43 to 44. Recent news includes the approval of Verizon's acquisition of Frontier Communications [3] - AT&T Inc. (T) has a dividend yield of 4.98%. Wells Fargo analyst Eric Luebchow maintained an Overweight rating and lowered the price target from 25to25 to 24, while Tigress Financial analyst Ivan Feinseth maintained a Buy rating and raised the price target from 29to29 to 30. Recent news includes the agreement with United States Cellular Corp to sell spectrum licenses for 1.018billion[4]NexstarMediaGroup,Inc.(NXST)hasadividendyieldof4.071.018 billion [4] - Nexstar Media Group, Inc. (NXST) has a dividend yield of 4.07%. Barrington Research analyst James Goss maintained an Outperform rating with a price target of 200, while Benchmark analyst Daniel Kurnos reiterated a Buy rating with a price target of $215. Recent news includes the appointment of Bill Sammon as Senior Vice President of Washington, D.C., Editorial Content [5]