Wall Street's Most Accurate Analysts Give Their Take 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 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.

Methode Electronics, Inc. MEI

• Dividend Yield: 5.42%
• Jefferies analyst Saree Boroditsky initiated coverage on the stock with a Hold rating and a price target of $12 on April 9. This analyst has an accuracy rate of 60%.
• Sidoti & Co. analyst John Franzreb downgraded the stock from Buy to Neutral on March 7. This analyst has an accuracy rate of 74%.
• Recent News: On Sept. 12, Methode Electronics' board named Mark Schwabero as new Chairman of the Board.
• Benzinga Pro's real-time newsfeed alerted to latest MEI news.

HP Inc. HPQ

• Dividend Yield: 3.04%
• Citigroup analyst Asiya Merchant downgraded the stock from Buy to Neutral with a price target of $37 on Oct. 1. This analyst has an accuracy rate of 78%.
• B of A Securities analyst Wamsi Mohan downgraded the stock from Buy to Neutral with a price target of $37 on Sept. 27. This analyst has an accuracy rate of 76%.
• Recent News: On Aug. 28, HP reported better-than-expected third-quarter financial results and increased its share repurchase authorization to $10 billion in
• Benzinga Pro's real-time newsfeed alerted to latest HPQ news.

Xerox Holdings Corporation XRX

• Dividend Yield: 9.61%
• JP Morgan analyst Samik Chatterjee maintained an Underweight rating and cut the price target from $13 to $11 on Oct. 21. This analyst has an accuracy rate of 71%.
• Loop Capital analyst Ananda Baruah maintained a Hold rating and slashed the price target from $14 to $11 on Aug. 14. This analyst has an accuracy rate of 75%.
• Recent News: Xerox will host a live audio webcast at 8 a.m. ET on Tuesday, Oct. 29, to discuss the company’s third-quarter results.
• Benzinga Pro’s charting tool helped identify the trend in XRX stock.

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