Wall Street's Most Accurate Analysts Give Their Take On 3 Defensive Stocks Delivering High-Dividend Yields
Benzinga·2025-10-27 12:42

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: Stock Ratings and Analyst Insights - Kraft Heinz Co (NASDAQ:KHC) has a dividend yield of 6.34%. Morgan Stanley analyst Megan Alexander upgraded the stock from Underweight to Equal-Weight, raising the price target from $28 to $29. JP Morgan analyst Ken Goldman maintained a Neutral rating, lowering the price target from $32 to $31 [7] - General Mills Inc (NYSE:GIS) has a dividend yield of 5.15%. Morgan Stanley analyst Megan Alexander maintained an Underweight rating, cutting the price target from $49 to $48. B of A Securities analyst Bryan Spillane maintained a Buy rating, lowering the price target from $68 to $63 [7] - Target Corp (NYSE:TGT) has a dividend yield of 4.84%. Evercore ISI Group analyst Greg Melich maintained an In-Line rating, cutting the price target from $103 to $100. DA Davidson analyst Michael Baker maintained a Buy rating, lowering the price target from $115 to $108 [7] Group 2: Recent Company News - Kraft Heinz announced three new members of its board of directors on October 22 [7] - General Mills reaffirmed long-term growth targets and fiscal 2026 financial outlook during an investor day on October 14 [7] - Target plans to cut around 1,800 corporate roles as part of its strategy to return to growth, according to media reports citing an internal memo [7]