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.
- Analyst: John White
Analyst Firm: Roth Capital
Ratings Accuracy: 90%
Latest Rating: Upgraded rating on Denbury Inc. (NYSE:DEN) from Neutral to Buy on November 22, 2022, with a price target of $108. White sees around 20% surge in the company’s stock
- Analyst: Catherine Schulte
Analyst Firm: Baird
Ratings Accuracy: 88%
Latest Rating: Maintained an Outperform rating for Twist Bioscience Corporation (NASDAQ:TWST) on November 21, 2022, and cut the price target from $56 to $33. Schulte predicts around 30% increase in the stock.
- Analyst: Philip Gibbs
Analyst Firm: Keybanc
Ratings Accuracy: 83%
Latest Rating: Reiterated an Overweight rating for Reliance Steel & Aluminum Co. (NYSE:RS) on November 22, 2022, and raised the price target from $210 to $225. Gibbs expects a 6% rise in the company’s stock.
- Analyst: Michael Ward
Analyst Firm: Citigroup
Ratings Accuracy: 83%
Latest Rating: Maintained a Sell rating on The Progressive Corporation (NYSE:PGR) on November 22, 2022, but cut the price target from $106 to $104. Ward sees around 21% plunge in the stock.
- Analyst: Aaron Rakers
Analyst Firm: Wells Fargo
Ratings Accuracy: 82%
Latest Rating: Maintained an Overweight rating for Dell Technologies Inc. (NYSE:DELL) on November 22, 2022, but reduced the price target from $58 to $52. Rakers sees the stock jumping around 16%.
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