This Analyst With 83% Accuracy Rate Sees Around 11% Upside In Texas Roadhouse - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

U.S stocks closed higher on Friday, with the Dow Jones jumping more than 500 points during the session.

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: Rick Patel

• Analyst Firm: Raymond James
• Ratings Accuracy: 85%
• Latest Rating: Maintained an Outperform rating on FIGS, Inc. FIGS and cut the price target from $10 to $9 on May 5, 2023. Patel sees around 17% upside in the company’s stock.
• Recent News: FIGS reported better-than-expected Q1 sales results.

Analyst: Jeff Johnson

• Analyst Firm: Baird
• Ratings Accuracy: 83%
• Latest Rating: Maintained an Outperform rating on Enovis Corporation ENOV and boosted the price target from $64 to $67 on May 5, 2023. This analyst sees around 17% upside in the stock.
• Recent News: Enovis reported Q1 2023 sales growth of 8% Y/Y and 9% organically to $406 million Thursday, beating the consensus estimate of $391 million.

Analyst: Jake Bartlett

• Analyst Firm: Truist Securities
• Ratings Accuracy: 83%
• Latest Rating: Maintained a Buy rating on Texas Roadhouse, Inc. TXRH and raised the price target from $110 to $120 on May 5, 2023. This analyst expects around 11% gain in the company’s stock.
• Recent News: Texas Roadhouse posted downbeat earnings for its first quarter.

Analyst: Catherine Schulte

• Analyst Firm: Baird
• Ratings Accuracy: 83%
• Latest Rating: Maintained an Outperform rating on Bio-Techne Corporation TECH and raised the price target from $99 to $100 on May 4, 2023. Schulte sees the stock gaining around 20%.
• Recent News: Bio-Techne posted in-line earnings for its third quarter.

Analyst: Sam Darkatsh

• Analyst Firm: Raymond James
• Ratings Accuracy: 82%
• Latest Rating: Maintained a Strong Buy rating on Tecnoglass Inc. TGLS and raised the price target from $47 to $52 on May 5, 2023. This analyst sees around 13% growth in the stock.
• Recent News: Tecnoglass reported better-than-expected Q1 adjusted results and issued guidance.

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