Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Company Ratings and Performance - Iridium Communications Inc (NASDAQ:IRDM): - Dividend Yield: 3.74% - BWS Financial analyst Hamed Khorsand maintained a Sell rating with a price target of $16 [7] - Oppenheimer analyst Timothy Horan initiated coverage with an Outperform rating and a price target of $34 [7] - Recent quarterly results were positive, as reported on Oct. 23 [7] - Omnicom Group Inc (NYSE:OMC): - Dividend Yield: 3.74% - Wells Fargo analyst Steven Cahall upgraded the stock from Equal-Weight to Overweight, raising the price target from $78 to $91 [7] - JP Morgan analyst David Karnovsky maintained an Overweight rating but reduced the price target from $104 to $96 [7] - The company reported better-than-expected third-quarter results on Oct. 21 [7] - Nexstar Media Group Inc (NASDAQ:NXST): - Dividend Yield: 3.93% - Guggenheim analyst Curry Baker maintained a Buy rating and increased the price target from $220 to $250 [7] - Wells Fargo analyst Steven Cahall maintained an Overweight rating and raised the price target from $206 to $250 [7] - The company reported weaker-than-expected quarterly results on Nov. 6 [7]
Wall Street's Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks With Over 3% Dividend Yields