Snap And 4 Other Stock Picks For Friday From Benzinga's Most Accurate Analysts

Snap And 4 Other Stock Picks For Friday From Benzinga's Most Accurate Analysts

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst's opinion to trust.

Benzinga's Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.

Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables. One of the ways traders can sort through Benzinga's extensive database of analyst ratings is by analyst accuracy. Here's a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga Analyst Stock Ratings.

  • Analyst: Jerry Revich

Analyst Firm: Goldman Sachs
Ratings Accuracy: 80%
Latest Rating: Maintained a Neutral rating for Summit Materials, Inc. SUM, but lowered price target from $28.5 to $24.5

 

  • Analyst: Sam Darkatsh

Analyst Firm: Raymond James
Ratings Accuracy: 79%
Latest Rating: Maintained an Outperform rating for Hillman Solutions Corp. HLMN, but lowered price target from $12 to $10.5

 

  • Analyst: Rohit Kulkarni

Analyst Firm: MKM Partners
Ratings Accuracy: 78%
Latest Rating: Reiterated a Buy rating for Snap Inc. SNAP, but cut the price target from $17 to $15.

 

  • Analyst: John Roberts

Analyst Firm: Credit Suisse
Ratings Accuracy: 77%
Latest Rating: Initiated an Outperform rating for Origin Materials, Inc. ORGN, with a price target of $7.

 

  • Analyst: Arun Jayaram

Analyst Firm: JP Morgan
Ratings Accuracy: 76%
Latest Rating: Reiterated an Overweight rating on Matador Resources Company MTDR, but lowered price target from $71 to $67.

Posted In: Most Accurate Analystsstock picksNewsPrice TargetSmall CapPre-Market OutlookMarketsAnalyst RatingsTrading Ideas