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Benzinga
169 days

Wall Street's Most Accurate Analysts Give Their Take On 3 Defensive Stocks Delivering High-Dividend Yields

1. B&G Foods has a high dividend yield of 11.38%. 2. Analysts lowered BGS price targets to $7 from $8. 3. BGS reported better-than-expected quarterly earnings on February 25. 4. Market sees growing interest in dividend-yielding stocks amid uncertainty.

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FAQ

Why Bearish?

Analysts reducing price targets indicates potential pessimism about future performance.

How important is it?

High dividend yield may attract short-term investors, but lowered projections discourage long-term hold.

Why Short Term?

Current analyst ratings reflect immediate market sentiments, affecting BGS short-term prices.

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