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: Zachary Fadem
Analyst Firm: Wells Fargo
Ratings Accuracy: 85%
Latest Rating: Maintained an Equal-Weight rating for Carvana Co. CVNA, and lowered price target from $35 to $30.
- Analyst: Mark Lear
Analyst Firm: Piper Sandler
Ratings Accuracy: 83%
Latest Rating: Maintained a Neutral rating for Laredo Petroleum, Inc. LPI, but lowered price target from $82 to $71.
- Analyst: Sarah Akers
Analyst Firm: Wells Fargo
Ratings Accuracy: 81%
Latest Rating: Reiterated an Equal-Weight rating for Portland General Electric Company POR, but cut the price target from $54 to $48.
- Analyst: Doug Anmuth
Analyst Firm: JP Morgan
Ratings Accuracy: 81%
Latest Rating: Upgraded rating on Netflix, Inc. NFLX from Neutral to Overweight, and raised price target from $240 to $330.
- Analyst: Mark Hughes
Analyst Firm: Truist Securities
Ratings Accuracy: 79%
Latest Rating: Maintained a Buy rating on Equitable Holdings, Inc. EQH, but lowered the price target from $42 to 38.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
