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Goldman Sachs Is Raising Price Targets on 4 Dividend Superstars for 2025


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Published in Stocks and Investing on Tuesday, December 10th 2024 at 10:21 GMT by 24/7 Wall St   Print publication without navigation

  • Goldman Sachs recently hiked price targets on four dividend superstars that make sense for growth and income investors seeking total return.

The article from 24/7 Wall St. discusses Goldman Sachs' recent decision to raise price targets on four companies known for their high dividend yields, referred to as "Dividend Superstars." These companies are Altria Group, Inc., AT&T Inc., Kinder Morgan Inc., and Simon Property Group, Inc. Goldman Sachs has increased its price targets for these stocks due to their strong fundamentals, consistent dividend payouts, and potential for growth. Altria benefits from its stable tobacco business, AT&T from its robust telecom infrastructure, Kinder Morgan from its extensive energy pipeline network, and Simon Property Group from its dominant position in the retail real estate sector. The article highlights that these adjustments reflect Goldman Sachs' confidence in these companies' ability to maintain and grow their dividends, making them attractive investments for income-focused investors.

Read the Full 24/7 Wall St Article at:
[ https://247wallst.com/investing/2024/12/10/goldman-sachs-is-raising-price-targets-on-4-dividend-superstars/ ]

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