During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the information technology sector.
Xerox Holdings Corporation (NASDAQ:XRX)
- Dividend Yield: 7.26%
- JP Morgan analyst Samik Chatterjee maintained an Underweight rating and lowered the price target from $18 to $17 on April 24. This analyst has an accuracy rate of 71%.
- Credit Suisse analyst Shannon Cross maintained an Underperform rating and raised the price target from $9 to $11 on July 26. This analyst has an accuracy rate of 79%.
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