5 Stock Picks For Last Week From Benzinga's Most Accurate Analysts

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 an Outperform Buy rating on Laredo Petroleum, Inc. LPI on December 12, 2022, and boosted the price target from $75 to $63. Freeman sees around 22% surge in the company’s stock.

• Analyst: Joseph Quatrochi

Analyst Firm: Barclays
Ratings Accuracy: 86%
Latest Rating: Maintained an Equal-Weight rating on MKS Instruments, Inc. (NASDAQ: MKSI) on December 15, 2022, and raised the price target from $70 to $80. Quatrochi predicts around 3% decline in the stock.

• Analyst: Shneur Gershuni

Analyst Firm: UBS
Ratings Accuracy: 84%
Latest Rating: Reiterated a Buy rating for Targa Resources Corp. TRGP on December 15, 2022, but slashed the price target from $107 to $106. This analyst expects around 51% rise in the company’s stock.

Also check out: Steelcase, HEICO And 3 Stocks To Watch Heading Into Monday

• Analyst: Michael Ward

Analyst Firm: Citigroup
Ratings Accuracy: 83%
Latest Rating: Initiated coverage on Marsh & McLennan Companies, Inc. MMC with a Neutral rating on December 15, 2022, and with a price target of $185. Ward sees around 12% rise in the stock.

• Analyst: Devin McDermott

Analyst Firm: Morgan Stanley
Ratings Accuracy: 82%
Latest Rating: Maintained an Equal-Weight rating for Murphy Oil Corporation MUR on December 14, 2022, but cut the price target from $48 to $47. McDermott sees the stock jumping more than 11%.