This Analyst With 84% Accuracy Rate Sees Around 64% Upside In Nvidia - Here Are 5 Stock Picks For February From Wall Street's Most Accurate Analysts

Comments
Loading...

U.S. stocks settled higher on Friday, with the Dow Jones index jumping more than 600 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: Doug Anmuth

  • Analyst Firm: JP Morgan
  • Ratings Accuracy: 85%
  • Latest Rating: Maintained an Overweight rating on Maplebear Inc. CART and cut the price target from $52 to $50 on Feb. 26. This analyst sees around 23% upside in the stock.
  • Recent News: On Feb. 25, Maplebear reported worse-than-expected fourth-quarter revenue results.

Analyst: Josh Sullivan

  • Analyst Firm: Benchmark
  • Ratings Accuracy: 85%
  • Latest Rating: Reiterated a Buy rating on Parsons Corporation PSN with a price target of $90 on Feb. 26. This analyst sees around 56% surge in the stock.
  • Recent News: On Feb. 19, Parsons posted downbeat quarterly results.

Analyst: Zachary Fadem

  • Analyst Firm: Wells Fargo
  • Ratings Accuracy: 85%
  • Latest Rating: Maintained an Equal-Weight rating on National Vision Holdings, Inc. EYE and raised the price target from $12 to $13 on Feb. 27. This analyst sees around 2% upside in the stock.
  • Recent News: On Feb. 26, National Vision Holdings reported better-than-expected fourth-quarter financial results.

Analyst: Mark Kelley

  • Analyst Firm: Stifel
  • Ratings Accuracy: 85%
  • Latest Rating: Maintained a Hold rating on eBay Inc. EBAY and cut the price target from $64 to $63 on Feb. 27. This analyst sees around 2% downside in the stock.
  • Recent News: On Feb. 26, eBay reported quarterly earnings of $1.25 per share, which beat the analyst consensus estimate of $1.20 per share.

Analyst: William Stein

  • Analyst Firm: Truist Securities
  • Ratings Accuracy: 84%
  • Latest Rating: Maintained a Buy rating on NVIDIA Corporation NVDA and raised the price target from $204 to $205 on Feb. 27. This analyst sees around 64% upside in the stock.
  • Recent News: On Feb. 26, Nvidia reported fourth-quarter revenue of $39.3 billion, up 12% quarter-over-quarter and up 78% year-over-year.

Read More:

Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In: