Investors seeking stability in turbulent markets often turn to dividend-yielding stocks. Companies with high free cash flows reward shareholders with substantial dividend payouts. Analyst ratings can help investors make informed decisions.
Benzinga’s database of analyst ratings provides insights into the performance of top-rated analysts for three high-yielding stocks: United Parcel Service (UPS), Karat Packaging Inc. (KRT), and Robert Half Inc. (RHI).
For UPS, B of A Securities’ Ken Hoexter maintains a Buy rating with a price target of $115, up from $111. Oppenheimer’s Scott Schneeberger has an Outperform rating and lowered his target to $114. Both analysts have accuracy rates over 60%. Despite a recent revenue decline, UPS recently beat quarterly earnings expectations.
Karat Packaging Inc. (KRT) is another dividend-yielding stock under scrutiny. Truist Securities’ Jake Bartlett maintains a Hold rating with a raised price target of $31, while William Blair’s Ryan Merkel downgraded the stock from Outperform to Market Perform. KRT reported better-than-expected first-quarter results.
Robert Half Inc. (RHI) is also facing analysis from top-rated analysts. Barclays’ Manav Patnaik and JP Morgan’s Andrew Steinerman have differing views: Patnaik maintains an Equal-Weight rating with a cut price target, while Steinerman has a Neutral rating with a slashed target. RHI reported worse-than-expected first-quarter earnings.
These analyst ratings provide crucial information for investors looking to make informed decisions amidst market uncertainty.
Source: https://www.benzinga.com/25/05/45586356/wall-streets-most-accurate-analysts-give-their-take-on-3-industrial-stocks-delivering-high-dividend-yields