Wall Street's Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks With Over 3% Dividend Yields

During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, 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 communication services sector.

Omnicom Group Inc. OMC

Dividend Yield: 3.05%
JP Morgan analyst David Karnovsky maintained an Overweight rating and increased the price target from $104 to $108 on April 17. This analyst has an accuracy rate of 66%.
Wells Fargo analyst Steven Cahall upgraded the stock from Equal-Weight to Overweight and raised the price target from $91 to $106 on April 17. This analyst has an accuracy rate of 60%.
Recent News: On July 16, Omnicom Group posted better-than-expected quarterly earnings.
Benzinga Pro's real-time newsfeed alerted to latest OMC news

Sirius XM Holdings Inc. SIRI

Dividend Yield: 3.15%
Guggenheim analyst Curry Baker maintained a Neutral rating and cut the price target from $3.3 to $2.9 on June 27. This analyst has an accuracy rate of 69%.
Rosenblatt analyst Barton Crockettmaintained a Neutral rating and lowered the price target from $4.5 to $3.4 on May 1. This analyst has an accuracy rate of 65%.
Recent News: SiriusXM is expected to release its second quarter operating and financial results on Thursday, Aug. 1.
Benzinga Pro's charting tool helped identify the trend in SIRI's stock.

Nexstar Media Group, Inc. NXST

Dividend Yield: 3.81%
Benchmark analyst Daniel Kurnos reiterated a Buy rating with a price target of $225 on June 20. This analyst has an accuracy rate of 74%.
Wells Fargo analyst Steven Cahall upgraded the stock from Equal-Weight to Overweight and raised the price target from $190 to $221 on May 13. This analyst has an accuracy rate of 60%.
Recent News: Nexstar Media Group will report its second quarter financial results on Thursday, Aug. 8.
Benzinga Pro's signals feature notified of a potential breakout in NXST shares.