Wall Street's Most Accurate Analysts Say Hold These 3 Risk Off 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 consumer staples sector.

Nu Skin Enterprises, Inc. NUS

• Dividend Yield: 8.53%
• DA Davidson analyst Linda Bolton Weiser maintained a Neutral rating and cut the price target from $29 to $21 on Jan. 5, 2024. This analyst has an accuracy rate of 63%.
• Stifel analyst Mark Astrachan maintained a Hold rating and slashed the price target from $35 to $27 on Oct. 16, 2023. This analyst has an accuracy rate of 80%.
• Recent News: Nu Skin Enterprises reported fourth-quarter preliminary revenue slightly above guidance with full financial results to be announced on Feb. 14.

PepsiCo, Inc. PEP

• Dividend Yield: 2.99%
• JP Morgan analyst Andrea Teixeira downgraded the stock from Overweight to Neutral and cut the price target from $185 to $176 on Dec. 19, 2023. This analyst has an accuracy rate of 61%.
• Morgan Stanley analyst Dara Mohsenian maintained an Equal-Weight rating and slashed the price target from $210 to $190 on Oct. 11, 2023. This analyst has an accuracy rate of 73%.
• Recent News: PepsiCo named Ram Krishnan as CEO for PepsiCo Beverages North America.

Target Corporation TGT

• Dividend Yield: 3.16%
• Citigroup analyst Paul Lejuez maintained a Neutral rating and raised the price target from $117 to $142 on Nov. 16, 2023. This analyst has an accuracy rate of 67%.
• Stifel analyst Mark Astrachan maintained a Hold rating on the stock and increased the price target from $130 to $141 on Nov. 16, 2023. This analyst has an accuracy rate of 80%.
• Recent News: Target named Michael Fiddelke, who has served as CFO since Nov. 1, 2019, as its COO, effective Feb. 4, 2024.

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