Wall Street's Most Accurate Analysts Say Buy These 3 Tech Stocks With Over 3% 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.

Juniper Networks, Inc. JNPR

  • Dividend Yield: 3.11%
  • Citigroup analyst Atif Malik maintained a Buy rating and cut the price target from $38 to $35 on July 28, 2023. This analyst has an accuracy rate of 80%.
  • Needham analyst Alex Henderson maintained a Buy rating and cut the price target from $41 to $33 on July 28, 2023. This analyst has an accuracy rate of 75%.
  • Recent News: Juniper Networks was selected by Savant Systems as strategic Wi-Fi partner to deliver first AI-driven smart home automation solution.

Nokia Oyj NOK

  • Dividend Yield: 3.37%
  • Northland Capital Markets analyst Tim Savageaux maintained an Outperform rating and cut the price target from $7 to $6 on July 17, 2023. This analyst has an accuracy rate of 63%.
  • Raymond James analyst Simon Leopold maintained an Outperform rating and lowered the price target from $7 to $6 on April 21, 2023. This analyst has an accuracy rate of 64%.
  • Recent News: Nokia posted weaker-than-expected second-quarter results.

Corning Incorporated GLW

  • Dividend Yield: 3.56%
  • Morgan Stanley analyst Meta Marshall reiterated an Overweight rating with a price target of $38 on July 26, 2023. This analyst has an accuracy rate of 73%.
  • Citigroup analyst Asiya Merchant upgraded the stock from Neutral to Buy and increased the price target from $36 to $40 on June 15, 2023. This analyst has an accuracy rate of 68%.
  • Recent News: Corning posted downbeat second-quarter earnings.

Read More: Top 5 Tech And Telecom Stocks You'll Regret Missing This Month

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