This Analyst With 85% Accuracy Rate Sees Over 29% Upside In NVIDIA - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

US stocks closed lower on Friday, with the Dow Jones dropping more than 300 points during the session.

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. 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: Ruben Roy

• Analyst Firm: Stifel
• Ratings Accuracy: 85%
• Latest Rating: Maintained a Hold rating on NVIDIA Corporation NVDA on Feb. 23, 2023, and raised the price target from $207 to $225. Roy sees over 3% downside in the company’s stock.
• Recent News: NVIDIA reported better-than-expected Q4 results and issued strong Q1 guidance..

Analyst: Philip Gibbs

• Analyst Firm: Keybanc
• Ratings Accuracy: 85%
• Latest Rating: Downgraded the rating on Commercial Metals Company CMC on Feb. 23, 2023.
• Recent News: Commercial Metals reported better-than-expected Q1 EPS and sales results.

Analyst: Mark Lipacis

• Analyst Firm: Jefferies
• Ratings Accuracy: 85%
• Latest Rating: Maintained a Buy rating for NVIDIA Corporation NVDA on Feb. 23, 2023, and raised the price target from $275 to $300. This analyst expects around 29% surge in the company’s stock.
• Recent News: NVIDIA reported better-than-expected Q4 results and issued strong Q1 guidance..

Analyst: Catherine Schulte

• Analyst Firm: Baird
• Ratings Accuracy: 84%
• Latest Rating: Maintained an Outperform rating on Maravai Lifesciences Holdings Inc MRVI on Feb. 23, 2023, and cut the price target from $25 to $22. Schulte sees the stock gaining around 53%.
• Recent News: Maravai LifeSciences posted better-than-expected earnings for its fourth quarter.

Analyst: Seth Basham

• Analyst Firm: Wedbush
• Ratings Accuracy: 84%
• Latest Rating: Maintained an Outperform rating on Wayfair Inc W on Feb. 24, 2023, and slashed the price target from $60 to $50. This analyst sees around 33% gain in the stock.
• Recent News: Wayfair reported a fourth-quarter FY22 sales decline of 4.6% year-on-year to $3.10 billion, beating the consensus of $3.06 billion.

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