Top Wall Street analysts favor these five dividend stocks during tumultuous times

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

TipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Cisco and Chesapeake Energy.

The market's volatility as of late is making dividend-paying stocks seem all the more appealing to investors in search of some stability.

In line with his optimism on the deal, Byrne raised his price target for CIVI to $102 from $100 and reiterated a buy rating, saying that the stock remains cheap given an estimated free cash flow yield of about 23% in 2024. Following a meeting with Chesapeake's management, Choudhary reaffirmed a buy rating on the stock with a price target of $91. The analyst noted that given the uncertainty in the natural gas price outlook, the company is focused on maintaining operational flexibility to adjust its capital expenditure based on gas prices.

Kumar ranks No.33 among more than 8,500 analysts on TipRanks. His ratings have been profitable 75% of the time, with each delivering an average return of 20.4%. is the final dividend stock in this week's list. The company returned $10.6 billion to shareholders through cash dividends and stock repurchases in fiscal 2023 .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Top Wall Street analysts favor these five dividend stocks during tumultuous timesTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Cisco and Chesapeake Energy.
Source: NBCDFW - 🏆 288. / 63 Read more »