This Analyst With 84% Accuracy Rate Sees Around 10% Upside In Micron - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

U.S. stocks closed mixed on Friday, with all three major indices recording their eighth positive week in a row. The S&P 500 gained by 0.8% last week, while the Dow rose 0.2%.

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: Sumeet Mody

• Analyst Firm: Piper Sandler
• Ratings Accuracy: 85%
• Latest Rating: Maintained a Neutral rating on SEI Investments Company SEIC and raised the price target from $58 to $66 on Dec. 20, 2023. This analyst sees around 2% increase in the stock.
• Recent News: SEI announced the acquisition of Altigo, a cloud-based technology platform that provides inventory, e-subscription, and reporting capabilities for alternative investments.

Analyst: Ross Seymore

• Analyst Firm: Deutsche Bank
• Ratings Accuracy: 85%
• Latest Rating: Downgraded rating on Arm Holdings plc ARM from Buy to Hold and raised the price target from $60 to $70 on Dec. 18, 2023. This analyst sees around 3% downside in the stock.
• Recent News: Arm Holdings, last month, reported quarterly earnings of 36 cents, up from 17 cents per share year-over-year.

Analyst: Brian Bittner

• Analyst Firm: Oppenheimer
• Ratings Accuracy: 84%
• Latest Rating: Reiterated an Outperform rating on Darden Restaurants, Inc. DRI with a price target of $185 on Dec. 18, 2023. This analyst sees around 14% upside in the stock.
• Recent News: Darden Restaurants recently posted upbeat earnings for its second quarter.

Analyst: Aaron Rakers

• Analyst Firm: Wells Fargo
• Ratings Accuracy: 84%
• Latest Rating: Maintained an Overweight rating on Micron Technology, Inc. MU and increased the price target from $82 to $95 on Dec. 21, 2023. This analyst sees over 10% upside in the stock.
• Recent News: Micron Technology recently reported mixed first-quarter financial results and issued strong guidance.

Analyst: Seth Seifman

• Analyst Firm: JP Morgan
• Ratings Accuracy: 83%
• Latest Rating: Maintained a Neutral rating on General Electric Company GE and raised the price target from $124 to $136 on Dec. 20, 2023. This analyst sees around 7% surge in the stock.
• Recent News: GE and Forestalia signed collaborative agreement to install up to 693 MW of wind energy in Spain.

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