This Analyst With 85% Accuracy Rate Sees Over 29% Upside In MongoDB - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

U.S. stocks settled mostly higher on Friday, with the Dow Jones index recording its best session of the year.

However, U.S. stocks recorded losses last week, with the S&P 500 falling 0.51% and the Dow Jones index declining 0.98% 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: Matt Bryson

• Analyst Firm: Wedbush
• Ratings Accuracy: 87%
• Latest Rating: Maintained a Neutral rating on NetApp, Inc. NTAP and raised the price target from $100 to $120 on May 28. This analysts sees around 1% downside in the stock.
• Recent News: On May 30, NetApp posted better-than-expected quarterly earnings.

Analyst: Aaron Rakers

• Analyst Firm: Wells Fargo
• Ratings Accuracy: 87%
• Latest Rating: Maintained an Overweight rating on Pure Storage, Inc. PSTG and increased the price target from $70 to $75 on May 30. This analyst sees around 23% upside in the stock.
• Recent News: On May 29, Pure Storage posted better-than-expected first-quarter financial results.

Analyst: Howard Rubel

• Analyst Firm: Jefferies
• Ratings Accuracy: 86%
• Latest Rating: Maintained a Buy rating on Booz Allen Hamilton Holding Corporation BAH and raised the price target from $180 to $185 on May 29. This analyst sees around 22% upside in the stock.
• Recent News: On May 24, Booz Allen Hamilton posted better-than-expected fourth-quarter earnings.

Analyst: Alex Rygiel

• Analyst Firm: B. Riley Securities
• Ratings Accuracy: 86%
• Latest Rating: Maintained a Buy rating on Dycom Industries, Inc. DY and boosted the price target from $172 to $205 on May 31. This analyst sees about 14% gain in the stock.
• Recent News: On May 22, Dycom Industries reported better-than-expected first-quarter financial results.

Analyst: William Power

• Analyst Firm: Baird
• Ratings Accuracy: 85%
• Latest Rating: Maintained an Outperform rating on MongoDB, Inc. MDB and cut the price target from $450 to $305 on May 31. This analyst sees over 29% upside in the stock.
• Recent News: On May 30, MongoDB issued weak FY25 guidance.

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