5 Stock Picks Last Week From Wall Street's Most Accurate Analysts

Comments
Loading...

U.S. stocks settled mostly lower on Thursday, with the Dow Jones index falling more than 500 points during the session. The 30-stock index recorded losses for the third day, while all three major indices closed the holiday-shortened trading week on a lower note.

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: Zachary Fadem

  • Analyst Firm: Wells Fargo
  • Ratings Accuracy: 84%
  • Latest Rating: Maintained an Overweight rating on O’Reilly Automotive, Inc. ORLY and increased the price target from $1,425 to $1,550 on April 16. This analyst sees around 12% upside in the stock.
  • Recent News: O’Reilly Automotive will release first quarter results on Wednesday, April 23.

Analyst: Eric Ross

  • Analyst Firm: JMP Securities
  • Ratings Accuracy: 84%
  • Latest Rating: Maintained a Market Outperform rating on Red Rock Resorts, Inc. RRR and cut the price target from $59 to $55 on April 17. This analyst sees around 35% surge in the stock.
  • Recent News: Red Rock Resorts will release financial results for the first quarter on Thursday, May 1.

Analyst: Mark Hughes

  • Analyst Firm: Truist Securities
  • Ratings Accuracy: 84%
  • Latest Rating: Maintained a Buy rating on Brown & Brown, Inc. BRO and raised the price target from $118 to $138 on April 15. This analyst sees around 18% upside in the stock.
  • Recent News: Brown & Brown will release its first-quarter earnings on Monday, April 28, after the close of the market.

Analyst: Patrick Brown

  • Analyst Firm: Raymond James
  • Ratings Accuracy: 83%
  • Latest Rating: Reiterated an Outperform rating on CSX Corporation CSX and cut the price target from $34 to $33 on April 17. This analyst sees around 19% upside in the stock.
  • Recent News: On April 16, CSX reported quarterly GAAP earnings of 34 cents per share, which missed the analyst consensus estimate of 37 cents.

Analyst: Paul Newsome

  • Analyst Firm: Piper Sandler
  • Ratings Accuracy: 83%
  • Latest Rating: Initiated coverage on Bowhead Specialty Holdings Inc. BOW with an Overweight rating and a price target of $44 on April 16. This analyst sees around 9% upside in the stock.
  • Recent News: Bowhead Specialty Holdings will release financial results for the first quarter before the market opens on Tuesday, May 6.

Read More:

Photo via Shutterstock

BOW Logo
BOWBowhead Specialty Holdings Inc
$39.06-%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
-
Growth
-
Quality
-
Value
57.49
Price Trend
Short
Medium
Long
Got Questions? Ask
Which automotive stocks are set to rise?
How will casino operators respond to earnings?
Is insurance sector poised for growth after ratings?
What's next for railroad companies post-earnings miss?
Will specialty holdings thrive with new coverage?
Which stocks will benefit from analyst trends?
How could upgrades impact stock performance?
What influence will analyst ratings have on market movements?
Are there undervalued stocks among analyst picks?
Which sectors could attract investment interest next?
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In: