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: John Freeman
Analyst Firm: Raymond James
Ratings Accuracy: 93%
Latest Rating: Maintained a Strong Buy rating on Marathon Oil Corporation MRO on November 28, 2022, and raised the price target from $37 to $48. Freeman sees around 57% surge in the company’s stock
- Analyst: John White
Analyst Firm: Roth Capital
Ratings Accuracy: 90%
Latest Rating: Upgraded rating on Denbury Inc. DEN from Neutral to Buy on November 22, 2022, with a price target of $108. White predicts around 20% increase in the stock.
- Analyst: Catherine Schulte
Analyst Firm: Baird
Ratings Accuracy: 88%
Latest Rating: Reiterated an Outperform rating for Twist Bioscience Corporation TWST on November 21, 2022, but slashed the price target from $56 to $33. Schulte expects around 21% rise in the company’s stock.
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- Analyst: Joseph Quatrochi
Analyst Firm: Wells Fargo
Ratings Accuracy: 86%
Latest Rating: Maintained an Overweight rating on Applied Materials, Inc. AMAT on November 18, 2022, and raised the price target from $100 to $115. Quatrochi sees around 5% rise in the stock.
- Analyst: Zachary Fadem
Analyst Firm: Wells Fargo
Ratings Accuracy: 85%
Latest Rating: Maintained an Overweight rating for AutoZone, Inc. AZO on November 29, 2022, and increased the price target from $2,450 to $2,850. Fadem sees the stock jumping more than 10%.
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