Wall Street's Most Accurate Analysts Say Hold These 3 Tech Stocks Delivering High-Dividend Yields

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.

Western Union Co WU

• Dividend Yield: 7.18%
• Wells Fargo analyst Timothy Willi upgraded the stock from Underweight to Equal-Weight with a price target of $25. This analyst has an accuracy rate of 77%.
• Truist Securities analyst Andrew Jeffrey maintained a Hold rating and cut the price target from $15 to $13. This analyst has an accuracy rate of 75%.
• Recent News: Western Union and Regions Bank renewed their agreement for global money transfer & payment services.

Xerox Holdings Corp XRX

• Dividend Yield: 6.14%
• UBS analyst Steven Milunovich maintained a Neutral rating and lowered the price target from $36 to $34.5. This analyst has an accuracy rate of 84%.
• Barclays analyst Mark Moskowitz upgraded the stock from Underweight to Equal-Weight. This analyst has an accuracy rate of 64%.
• Recent News: Xerox reported fourth-quarter FY22 sales growth of 9.2% year-on-year to $1.94 billion, beating the consensus of $1.89 billion.

IBM IBM

• Dividend Yield: 5.05%
• Cantor Fitzgerald analyst Joseph Foresi maintained a Neutral rating and increased the price target from $133 to $138. This analyst has an accuracy rate of 86%.
• UBS analyst Steven Milunovich maintained a Neutral rating and cut the price target from $140 to $120. This analyst has an accuracy rate of 84%.
• Recent News: IBM reported fourth-quarter revenue of $16.69 billion, which beat average analyst estimates of $16.4 billion.

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