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Check Out 3 High-Yielding Dividend Stocks In Tech Sector From Wall Street's Most Accurate Analysts

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Check Out 3 High-Yielding Dividend Stocks In Tech Sector From Wall Street's Most Accurate Analysts

During times of turbulence and uncertainty in the markets, 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. Here's a look at the most recent high-yield dividend stock ratings from the most accurate Wall Street analysts, according to Benzinga's Analyst Stock Ratings.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the information technology sector.

Xerox Holdings Corporation (NYSE: XRX)

Dividend Yield: 6.99%

Credit Suisse analyst Shannon Cross maintained an Underperform rating and raised the price target from $9 to $11 on July 26, 2023. This analyst has an accuracy rate of 74%

Citigroup analyst Jim Suva maintained a Sell rating and cut the price target from 15 to $10 on Oct. 26, 2022. This analyst has an accuracy rate of 71%.

Recent News: Xerox announced expansion of financial services program with PEAC Solutions.

International Business Machines Corporation (NYSE: IBM)

Dividend Yield: 4.80%

RBC Capital analyst Amit Daryanani initiated coverage on the stock with an Outperform rating and a price target of $188 on Sept. 20, 2023. This analyst has an accuracy rate of 74%.

B of A Securities analyst Wamsi Mohan maintained a Buy rating and raised the price target from $152 to $160 on July 20, 2023. This analyst has an accuracy rate of 77%.

Recent News: IBM and Salesforce announced a collaboration to help businesses worldwide across industries accelerate their adoption of AI for CRM.

Juniper Networks, Inc. (NYSE: JNPR)

Dividend Yield: 3.43%

JP Morgan analyst Samik Chatterjee downgraded the stock from Overweight to Neutral and cut the price target from $32 to $29 on Oct. 10, 2023. This analyst has an accuracy rate of 72%.

Citigroup analyst Atif Malik maintained a Buy rating and lowered the price target from $38 to $35 on July 28, 2023. This analyst has an accuracy rate of 81%.

Recent News: On Sept. 29, 2023, Juniper Networks approved restructuring plan intended to reallocate resources to efficiently support its strategic priorities.

 

Read More: Investor Fear Eases Further After CPI Data

 

Related Articles (JNPR + IBM)

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