This Analyst With 83% Accuracy Rate Sees Around 4% Downside In Airbnb - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts - Airbnb (NASDAQ:ABNB)

U.S. stocks closed higher on Friday, with the major indices recording their best week in 2023 following the release of jobs data for October.

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.

Analyst: Nicholas Cucharale

Analyst: Lloyd Walmsley

Analyst: Eric Gonzalez

Analyst: Doug Anmuth

Analyst: Brian Mullan

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.

U.S. stocks closed higher on Friday, with the major indices recording their best week in 2023 following the release of jobs data for October.

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: Nicholas Cucharale

Analyst Firm: Piper Sandler
Ratings Accuracy: 86%
Latest Rating: Maintained an Overweight rating on California BanCorp (NASDAQ:CALB) and raised the price target from $24 to $25 on Nov. 1, 2023. This analyst sees around 19% increase in the stock.
Recent News: California Bancorp posted better-than-expected third-quarter results.

Analyst: Lloyd Walmsley

Analyst Firm: UBS
Ratings Accuracy: 85%
Latest Rating: Maintained a Buy rating on Viant Technology Inc. (NASDAQ:DSP) and lowered the price target from $8 to $7 on Nov. 2, 2023. This analyst sees around 28% upside in the stock.
Recent News: Viant Technology is expected to release its third quarter financial results after the closing bell on Nov. 6, 2023.

Analyst: Eric Gonzalez

Analyst Firm: Keybanc
Ratings Accuracy: 84%
Latest Rating: Maintained an Overweight rating on Papa John's International, Inc. (NASDAQ:PZZA) and cut the price target from $90 to $75 on Nov. 3, 2023. This analyst sees more than 10% upside in the stock.
Recent News: Papa John's International reported a third-quarter FY23 revenue increase of 2.4% Y/Y to $522.8 million, missing the consensus of $530.50 million.

Analyst: Doug Anmuth

Analyst Firm: JP Morgan
Ratings Accuracy: 83%
Latest Rating: Maintained a Neutral rating on Airbnb, Inc. (NASDAQ:ABNB) and cut the price target from $130 to $118 on Nov. 2, 2023. This analyst sees around 4% downside in the stock.
Recent News: Airbnb reported better-than-expected third-quarter financial results, but issued weak fourth-quarter forecast.

Analyst: Brian Mullan

Analyst Firm: Piper Sandler
Ratings Accuracy: 83%
Latest Rating: Maintained an Overweight rating on Sweetgreen, Inc. (NYSE:SG) and cut the price target from $19 to $16 on Nov. 3, 2023. This analyst sees around 65% upside in the stock.
Recent News: Sweetgreen posted a wider-than-expected loss for its third quarter.

ABNBAirbnb Inc

$133.00-0.17%

Overview

DSPViant Technology Inc

$10.35-%

PZZAPapa John's International Inc

$30.760.20%

SGSweetgreen Inc

$5.60-0.36%

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.