Wall Street's Most Accurate Analysts Say Sell 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.

Hewlett Packard Enterprise Company HPE

• Dividend Yield: 3%
• Morgan Stanley analyst Meta Marshall maintained an Underweight rating and raised the price target from $13 to $14 on March 3, 2023. This analyst has an accuracy rate of 72%.
• Citigroup analyst Jim Suva maintained a Sell rating and boosted the price target from $11.5 to $13 on Dec. 1, 2022. This analyst has an accuracy rate of 68%.
• Recent News: Hewlett Packard Enterprise reported better-than-expected Q1 results and issued strong Q2 revenue guidance.

Xerox Holdings Corporation XRX

• Dividend Yield: 6.86%
• Citigroup analyst Jim Suva maintained a Sell rating and slashed the price target from $15 to $10 on Oct. 26, 2022. This analyst has an accuracy rate of 68%.
• Morgan Stanley analyst Katy Huberty maintained an Underweight rating and increased the price target from $13 to $14 on July 27, 2022. This analyst has an accuracy rate of 78%.
• Recent News: Xerox Holdings reported fourth-quarter FY22 sales growth of 9.2% year-on-year to $1.94 billion, beating the consensus of $1.89 billion.

HP Inc. HPQ

• Dividend Yield: 3.54%
• Barclays analyst Tim Long maintained an Underweight rating on the stock and cut the price target from $27 to $24 on Nov. 23, 2022. This analyst has an accuracy rate of 70%.
• B of A Securities analyst Wamsi Mohan maintained an Underperform rating and slashed the price target from $30 to $27 on Nov. 18, 2022. This analyst has an accuracy rate of 74%.
• Recent News: HP reported better-than-expected Q1 EPS results.

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