Wall Street's Most Accurate Analysts Spotlight On 3 Tech And Telecom 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 communication services sector.

Verizon Communications Inc. VZ

• Dividend Yield: 7.11%
• UBS analyst John Hodulik maintained a Neutral rating and increased the price target from $44 to $45 on Dec. 20. This analyst has an accuracy rate of 75%.
• Scotiabank analyst Maher Yaghi maintained a Sector Perform rating and lowered the price target from $47.25 to $47 on Oct. 23. This analyst has an accuracy rate of 61%.
• Recent News: On Dec. 23, Vertical Bridge completed $3.3 billion tower transaction with Verizon.
• Benzinga Pro's real-time newsfeed alerted to latest VZ news.

Omnicom Group Inc. OMC

• Dividend Yield: 3.37%
• Macquarie analyst Tim Nollen maintained an Outperform rating with a price target of $120 on Dec. 11, 2024. This analyst has an accuracy rate of 60%.
• Wells Fargo analyst Steven Cahall maintained an Equal-Weight rating and cut the price target from $110 to $99 on Dec. 10, 2024. This analyst has an accuracy rate of 62%.
• Recent News: On Dec. 9, Omnicom Group agreed to acquire Interpublic Group of Companies, Inc IPG in a stock-for-stock transaction.
• Benzinga Pro's real-time newsfeed alerted to latest OMC news

Nexstar Media Group, Inc. NXST

• Dividend Yield: 4.47%
• Barrington Research analyst James Goss maintained an Outperform rating with a price target of $200 on Nov. 12, 2024. This analyst has an accuracy rate of 61%.
• Benchmark analyst Daniel Kurnos reiterated a Buy rating with a price target of $215 on Nov. 8, 2024. This analyst has an accuracy rate of 77%.
• Recent News: On Jan. 8, Nexstar Media renewed affiliation agreements with NBC.
• Benzinga Pro’s real-time newsfeed alerted to latest NXST news

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