Wall Avenue’s Most Correct Analysts Give Their Take On 3 Tech Shares With Over 3% Dividend Yields – HP (NYSE:HPQ), Silicon Movement Expertise (NASDAQ:SIMO)

Throughout occasions of turbulence and uncertainty within the markets, many buyers flip to dividend-yielding shares. These are sometimes firms which have excessive free money flows and reward shareholders with a excessive dividend payout.

Benzinga readers can assessment the most recent analyst takes on their favourite shares by visiting Analyst Inventory Scores web page. Merchants can type by way of Benzinga’s intensive database of analyst scores, together with by analyst accuracy.

Beneath are the scores of essentially the most correct analysts for 3 high-yielding shares within the data know-how sector.

HP Inc. HPQ

• Dividend Yield: 3.03%
• TD Cowen analyst Krish Sankar maintained a Maintain ranking and raised the worth goal from $32 to $39 on Nov. 27. This analyst has an accuracy charge of 76%.
• Citigroup analyst Asiya Service provider maintained a Impartial ranking and lower the worth goal from $37 to $36.5 on Nov. 27. This analyst has an accuracy charge of 74%.
• Latest Information: On Nov. 26, HP reported quarterly earnings of 93 cents per share, in keeping with the analyst consensus estimate. Quarterly income got here in $14.05 billion, which beat the analyst consensus estimate of $13.99 billion and is a rise over gross sales of $13.82 billion from the identical interval final 12 months.
• Benzinga Professional’s real-time newsfeed alerted to newest HPQ information.

Skyworks Options, Inc. SWKS

• Dividend Yield: 3.19%
• Citigroup analyst Atif Malik maintained a Promote ranking and lower the worth goal from $83 to $72 on Nov. 13. This analyst has an accuracy charge of 85%.
• Piper Sandler analyst Harsh Kumar maintained a Impartial ranking and slashed the worth goal from $95 to $85 on Nov. 13. This analyst has an accuracy charge of 86%.
• Latest Information: On Nov. 12, Skyworks Options reported better-than-expected fourth-quarter EPS, with gross sales in keeping with estimates.
• Benzinga Professional’s real-time newsfeed alerted to newest SWKS information.

Silicon Movement Expertise Company SIMO

• Dividend Yield: 3.56%
• Craig-Hallum analyst Anthony Stoss maintained a Purchase ranking and lower the worth goal from $96 to $90 on Nov. 1. This analyst has an accuracy charge of 61%.
• Susquehanna analyst Mehdi Hosseini maintained a Constructive ranking and slashed the worth goal from $110 to $95 on Nov. 1. This analyst has an accuracy charge of 69%.
• Latest Information: On Oct. 30, Silicon Movement Expertise posted better-than-expected quarterly earnings.
• Benzinga Professional’s charting software helped establish the pattern in SIMO inventory.

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