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Benzinga
48 days

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

1. ABR's dividend yield stands at 11.21%, attracting investors during market uncertainty. 2. Analysts cut ABR’s price target from $11.75 to $11 and $10.5 to $10. 3. Recent quarterly results for ABR were mixed, affecting investor sentiment. 4. Analyst rating of ABR remains Market Perform with moderate accuracy. 5. High dividend yields make ABR appealing in turbulent market conditions.

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FAQ

Why Bearish?

The downward revision of price targets by two analysts suggests weakening confidence in ABR. Historically, such analyst downgrades often lead to decreased stock performance.

How important is it?

The combination of high dividend yield and recent analyst downgrades makes ABR a focal point for dividend-focused investors seeking stability amid volatility.

Why Short Term?

The immediate impact arises from mixed quarterly results and analyst downgrades, likely affecting ABR over the next few weeks.

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