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

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Check Out 3 High-Yielding Dividend Stocks In Tech And Telecom 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 communication services sector.

The Interpublic Group of Companies, Inc. (NYSE: IPG)

  • Dividend Yield: 3.56%
  • Morgan Stanley analyst Benjamin Swinburne maintained an Equal-Weight rating and raised the price target from $35 to $40 on Feb. 6, 2023. This analyst has an accuracy rate of 73%.
  • Citigroup analyst Jason Bazinet maintained a Buy rating and increased the price target from $39 to $45 on Feb. 14, 2023. This analyst has an accuracy rate of 63%.
  • Recent News: Interpublic reported better-than-expected quarterly earnings.

Telephone and Data Systems, Inc. (NYSE: TDS)

  • Dividend Yield: 7.24%
  • Morgan Stanley analyst Simon Flannery maintained an Equal-Weight rating and cut the price target from $22 to $16 on Feb. 7, 2023. This analyst has an accuracy rate of 71%.
  • JP Morgan analyst Philip Cusick upgraded the stock from Underweight to Neutral and cut the price target from $21 to $14 on Nov. 8, 2022. This analyst has an accuracy rate of 60%.
  • Recent News: The company reported a wider-than-expected Q4 loss.

Omnicom Group Inc. (NYSE: OMC)

  • Dividend Yield: 3.15%
  • Morgan Stanley analyst Benjamin Swinburne maintained an Equal-Weight rating and raised the price target from $85 to $95 on Feb. 9, 2023. This analyst has an accuracy rate of 73%.
  • JP Morgan analyst David Karnovsky maintained an Overweight rating and raised the price target from $91 to $100 on Feb. 8, 2023. This analyst has an accuracy rate of 62%.
  • Recent News: Omnicom Group reported better-than-expected Q4 EPS and sales results.

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Related Articles (IPG + OMC)

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