Wall Street's Most Accurate Analysts Weigh In On 3 Defensive Stocks With Over 7% Dividend Yields

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: Conagra Brands Inc (NYSE:CAG) - Conagra Brands has a dividend yield of 8.20% [6] - Deutsche Bank analyst Steve Powers maintained a Hold rating and reduced the price target from $19 to $18, with an accuracy rate of 66% [6] - Morgan Stanley analyst Megan Alexander maintained an Equal-Weight rating and lowered the price target from $21 to $19, with an accuracy rate of 67% [6] - Recent news indicates that Conagra Brands posted mixed quarterly results on December 19 [6] Group 2: Altria Group Inc (NYSE:MO) - Altria Group has a dividend yield of 7.19% [6] - B of A Securities analyst Lisa Lewandowski maintained a Buy rating and raised the price target from $64 to $72, with an accuracy rate of 58% [6] - Barclays analyst Gaurav Jain maintained an Underweight rating and increased the price target from $49 to $57, with an accuracy rate of 57% [6] - Recent news includes the retirement of CEO Billy Gifford and the appointment of Sal Mancuso as his successor on December 11 [6] Group 3: Flowers Foods Inc (NYSE:FLO) - Flowers Foods has a dividend yield of 9.11% [6] - DA Davidson analyst Brian Holland maintained a Neutral rating with a price target of $15, with an accuracy rate of 53% [6] - Jefferies analyst Rob Dickerson maintained a Hold rating and reduced the price target from $23 to $20, with an accuracy rate of 64% [6] - Recent news shows that Flowers Foods posted in-line quarterly earnings on November 6 [6]