Wall Street's Most Accurate Analysts' Views On 3 Tech & 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 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.

Sinclair, Inc. (NASDAQ:SBGI)

• Dividend Yield: 7.52%
• Wells Fargo analyst Steven Cahall maintained an Underweight rating and increased the price target from $12 to $13 on March 1. This analyst has an accuracy rate of 61%.
• Rosenblatt analyst Barton Crockett maintained a Neutral rating and raised the price target from $10.4 to $15.7 on Jan. 18. This analyst has an accuracy rate of 62%.
• Recent News: Sinclair is expected to report first quarter 2024 results on May 8.

Verizon Communications Inc. (NYSE:VZ)

• Dividend Yield: 6.83%
• Wells Fargo analyst Eric Luebchowmaintained an Equal-Weight rating and cut the price target from $44 to $40 on April 23. This analyst has an accuracy rate of 60%.
• Oppenheimer analyst Timothy Horan maintained an Outperform rating with a price target of $48 on April 23. This analyst has an accuracy rate of 70%.
• Recent News: On April 22, Verizon Communications reported fiscal first-quarter 2024 results. Its sales increased 0.2% year over year to $32.98 billion, marginally missing the consensus of $33.24 billion.

Telephone and Data Systems, Inc. (NYSE:TDS)

• Dividend Yield: 4.69%
• Morgan Stanley analyst Simon Flannerymaintained an Equal-Weight rating and raised the price target from $15 to $18 on Sept. 11, 2023. This analyst has an accuracy rate of 65%.
• Citigroup analyst Michael Rollins upgraded the stock from Neutral to Buy with a price target of $16 on Aug. 4, 2023. This analyst has an accuracy rate of 73%.
• Recent News: Telephone and Data Systems is scheduled to report first quarter operating results on May 3.

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