U.S. stocks closed slightly lower on Friday, with the Dow and S&P 500 recording losses for a second straight week.
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: Leo Mariani
- Analyst Firm: Roth MKM
- Ratings Accuracy: 90%
- Latest Rating: Initiated coverage on LanzaTech Global, Inc. LNZA with a Buy and a price target of $8 on May 12, 2023. Mariani sees around 134% upside in the company’s stock.
- Recent News: LanzaTech Global reported 2022 net loss of $76.36 million.
Analyst: William Power
- Analyst Firm: Baird
- Ratings Accuracy: 86%
- Latest Rating: Maintained a Neutral rating on Twilio Inc. TWLO and cut the price target from $80 to $56 on May 12, 2023. This analyst sees around 22% upside in the stock.
- Recent News: Twilio issued weak second-quarter revenue guidance.
Analyst: Eric Wold
- Analyst Firm: B. Riley Securities
- Ratings Accuracy: 85%
- Latest Rating: Maintained a Buy rating on MasterCraft Boat Holdings, Inc. MCFT and lowered the price target from $40 to $39 on May 11, 2023. This analyst expects around 41% gain in the company’s stock.
- Recent News: MasterCraft Boat posted upbeat earnings for its third quarter.
Analyst: Justin Post
- Analyst Firm: B of A Securities
- Ratings Accuracy: 83%
- Latest Rating: Maintained a Neutral rating on Airbnb, Inc. ABNB and cut the price target from $145 to $135 on May 10, 2023. Post sees the stock gaining around 28%.
- Recent News: Airbnb issued soft second-quarter guidance.
Analyst: Jake Bartlett
- Analyst Firm: Truist Securities
- Ratings Accuracy: 83%
- Latest Rating: Maintained a Buy rating on Carrols Restaurant Group, Inc. TAST and raised the price target from $4 to $6 on May 12, 2023. This analyst sees around 19% growth in the stock.
- Recent News: Carrols Restaurant Group reported better-than-expected first-quarter sales results.
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