This Analyst With 86% Accuracy Rate Sees More Than 58% Upside In Pinterest - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

U.S. stocks settled higher on Friday, with the Dow Jones and S&P 500 recording their best week in the year following the election of Donald Trump as the 47th U.S. president.

The S&P 500 surged 4.66% last week, while the Dow gained 4.61% during that period, with both indices recording their best week since Nov. 2023. The Nasdaq, meanwhile, jumped 5.74% during the 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: Richard Davis

• Analyst Firm: Canaccord Genuity
• Ratings Accuracy: 87%
• Latest Rating: Maintained a Buy rating on HubSpot, Inc. HUBS and raised the price target from $600 to $710 on Nov. 7. This analyst sees around 8% upside in the stock.
• Recent News: On Nov. 6, HubSpot reported better-than-expected third-quarter financial results and issued FY24 guidance above estimates.

Analyst: William Stein

• Analyst Firm: Truist Securities
• Ratings Accuracy: 87%
• Latest Rating: Maintained a Hold rating on Diodes Incorporated DIOD and cut the price target from $69 to $62 on Nov. 8. This analyst sees around 3% downside in the stock.
• Recent News: On Nov. 7, Diodes posted better-than-expected quarterly earnings.

Analyst: Brent Thielman

• Analyst Firm: DA Davidson
• Ratings Accuracy: 86%
• Latest Rating: Maintained a Buy rating on AAON, Inc. AAON and raised the price target from $102 to $150 on Nov. 8. This analyst sees around 9% upside in the stock.
• Recent News: On Nov. 7, AAON reported better-than-expected third-quarter financial results.

Analyst: Alexander Paris

• Analyst Firm: Barrington Research
• Ratings Accuracy: 86%
• Latest Rating: Maintained an Outperform rating on H&R Block, Inc. HRB with a price target of $70 on Nov. 8. This analyst sees around 18% surge in the stock.
• Recent News: On Nov. 7, H&R Block posted upbeat results for the first quarter.

Analyst: Lloyd Walmsley

• Analyst Firm: UBS
• Ratings Accuracy: 86%
• Latest Rating: Maintained a Buy rating on Pinterest, Inc. PINS and cut the price target from $52 to $46 on Nov. 8. This analyst sees around 58% upside in the stock.
• Recent News: On Nov. 7, Pinterest reported worse-than-expected third-quarter EPS results.

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