Wall Street's Most Accurate Analysts' Views On 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 .

Below are the ratings of the most accurate analysts for three high-yielding stocks in the information technology sector.

Xerox Holdings Corporation XRX

• Dividend Yield: 5.59%
• JP Morgan analyst Samik Chatterjee maintained an Underweight rating and raised the price target from $16 to $18 on Jan. 26, 2024. This analyst has an accuracy rate of 68%.
• Credit Suisse analyst Shannon Cross maintained an Underperform rating and boosted the price target from $9 to $11 on July 26, 2023. This analyst has an accuracy rate of 79%.
• Recent News: On March 25, Xerox announced full exercise of over-allotment option for its 3.75% convertible senior notes due 2029, and completion of series of financing transactions.

Methode Electronics, Inc. MEI

• Dividend Yield: 4.60%
• Sidoti & Co. analyst John Franzreb downgraded the stock from Buy to Neutral on March 7, 2024. This analyst has an accuracy rate of 74%.
• Barrington Research analyst Christopher Howe reiterated a Market Perform rating on May 25, 2023. This analyst has an accuracy rate of 60%.
• Recent News: On March 7, Methode Electronics reported worse-than-expected third-quarter financial results and suspended guidance.

HP Inc. HPQ

• Dividend Yield: 3.64%
• Barclays analyst Tim Long maintained an Underweight rating and raised the price target from $22 to $24 on Feb. 29, 2024. This analyst has an accuracy rate of 72%.
• HSBC analyst Stephen Bersey upgraded the stock from Hold to Buy and boosted the price target from $30 to $33 on Feb. 14, 2024. This analyst has an accuracy rate of 64%.
• Recent News: On Feb. 28, HP reported worse-than-expected first-quarter sales results.

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