Wall Street's Most Accurate Analysts Say Hold These 3 Consumer Stocks With Over 5% Dividend Yields

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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. Here's a look at the most recent high-yield dividend stock ratings from the most accurate Wall Street analysts, according to Benzinga's Analyst Stock Ratings.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer discretionary sector.

The Gap, Inc. GPS

  • Dividend Yield: 6.20%
  • Barclays analyst Adrienne Yih maintained an Equal-Weight rating and cut the price target from $13 to $11 on March 13, 2023. This analyst has an accuracy rate of 70%.
  • Morgan Stanley analyst Alex Straton upgraded the stock from Underweight to Equal-Weight on Jan. 18, 2023. This analyst has an accuracy rate of 71%.
  • Recent News: Gap reported worse-than-expected Q4 financial results.

V.F. Corporation VFC

  • Dividend Yield: 5.51%
  • Barclays analyst Adrienne Yih maintained an Equal-Weight rating and raised the price target from $28 to $31 on Feb. 9, 2023. This analyst has an accuracy rate of 70%.
  • UBS analyst Jay Sole maintained a Neutral rating and cut the price target from $30 to $29 on Dec. 6, 2022. This analyst has an accuracy rate of 71%.
  • Recent News: VF reported upbeat quarterly results.

Advance Auto Parts, Inc. AAP

  • Dividend Yield: 5.03%
  • Wedbush analyst Seth Basham downgraded the stock from Outperform to Neutral rating with a price target of $145 on Jan. 12, 2023. This analyst has an accuracy rate of 81%.
  • Wells Fargo analyst Zachary Fadem maintained an Equal-Weight rating and cut the price target from $180 to $150 on Jan. 5, 2023. This analyst has an accuracy rate of 87%.
  • Recent News: Advance Auto Parts reported fourth-quarter FY22 sales growth of 3.2% year-on-year, to $2.47 billion, beating the consensus of $2.42 billion.

Read More: Nike Likely To Report Lower Quarterly Earnings - Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

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