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 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 communication services sector.
Verizon Communications Inc. (NYSE:VZ)
- Dividend Yield: 6.81%
- UBS analyst John Hodulik maintained a Neutral rating and raised the price target from $44 to $45 on Dec. 20. This analyst has an accuracy rate of 76%.
- Scotiabank analyst Maher Yaghi maintained a Sector Perform rating and cut the price target from $47.25 to $47 on Oct. 23. This analyst has an accuracy rate of 62%.
- Recent News: On Dec. 23, Vertical Bridge completed $3.3 billion tower transaction with Verizon.
- Benzinga Pro's real-time newsfeed alerted to latest VZ news.
Sinclair, Inc. (NASDAQ:SBGI)
- Dividend Yield: 6.29%
- Guggenheim analyst Curry Baker maintained a Buy rating and raised the price target from $18 to $19 on Oct. 19. This analyst has an accuracy rate of 60%.
- JP Morgan analyst David Karnovsky maintained an Underweight rating and raised the price target from $14 to $16 on Nov. 12. This analyst has an accuracy rate of 69%.
- Recent News: On Dec. 17, Sinclair expanded Broadcast Network Footprint of TBD TV through partnership with FOX in top 10 DMAs.
- Benzinga Pro's real-time newsfeed alerted to latest SBGI news
Playtika Holding Corp. (NASDAQ:PLTK)
- Dividend Yield: 5.88%
- Roth MKM analyst Eric Handler maintained a Neutral rating and raised the price target from $8 to $9 on Nov. 8. This analyst has an accuracy rate of 72%.
- Wedbush analyst Michael Pachter reiterated an Outperform rating and a price target of $11.5 on Sept. 19. This analyst has an accuracy rate of 64%.
- Recent News: On Dec. 20, Playtika announced a partnership with IGT, a global gaming leader.
- Benzinga Pro's charting tool helped identify the trend in PLTK stock.
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