Wall Street’s Top Analysts Highlight 3 Utilities Stocks with Over 4% Dividend Yields

Wall Street’s Top Analysts Highlight 3 Utilities Stocks with Over 4% Dividend Yields

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Wall Street’s most accurate analysts are turning attention to utility stocks that currently offer attractive dividend yields above 4%, a strategy many investors favor in uncertain markets for steady income. According to the latest Benzinga report, analysts have shared updated ratings and price targets for three utility companies known for their shareholder payouts. Eversource Energy (NYSE: ES) stands out with a dividend yield of about 4.59%. Analysts from UBS and JP Morgan both maintained cautious ratings and adjusted price targets downward recently, though the company reported stronger-than-expected quarterly results in early November. Avista Corp (NYSE: AVA) offers a higher yield near 5.03%. Coverage was initiated by Wells Fargo with an underweight rating, while Jefferies kept a hold stance and slightly increased its price target. The firm’s recent earnings were mixed. AES Corp (NYSE: AES) delivers about a 4.87% yield. Argus Research upgraded the stock to Buy, and Jefferies raised its target after previously downgrading it. AES also declared a quarterly dividend in December. Dividend-paying utilities may appeal to investors seeking stability and cash flow, especially when broader markets face volatility. #UtilitiesStocks #DividendYield #DividendInvesting #WallStreetAnalysts #SlimScan #GrowthStocks #CANSLIM

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