This Analyst With 85% Accuracy Rate Sees More Than 8% Upside In Tesla - Here Are 5 Stock Picks For January From Wall Street's Most Accurate Analysts

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U.S. stocks settled lower on Friday, with the Dow Jones index falling more than 300 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: Trevor Walsh

  • Analyst Firm: JMP Securities
  • Ratings Accuracy: 90%
  • Latest Rating: Maintained a Market Outperform rating on Planet Labs PBC PL and raised the price target from $4.5 to $6.5 on Jan. 30. This analyst sees around 11% upside in the stock.
  • Recent News: On Jan. 29, Planet signed a $230 million commercial agreement for Pelican Satellites.

Analyst: Zachary Fadem

  • Analyst Firm: Wells Fargo
  • Ratings Accuracy: 86%
  • Latest Rating: Maintained an Equal-Weight rating on Brinker International, Inc. EAT and increased the price target from $145 to $175 on Jan. 30. This analyst sees a 3% decline in the stock.
  • Recent News: On Jan. 29, Brinker International reported better-than-expected second-quarter results.

Analyst: Alexander Paris

  • Analyst Firm: Barrington Research
  • Ratings Accuracy: 86%
  • Latest Rating: Maintained an Outperform rating on Adtalem Global Education Inc. ATGE and increased price target from $115 to $120 on Jan. 31. This analyst sees around 12% upside in the stock.
  • Recent News: On Jan. 30, Adtalem Global Education reported better-than-expected second-quarter financial results and raised its FY25 guidance.

Analyst: Rob Owens

  • Analyst Firm: Piper Sandler
  • Ratings Accuracy: 86%
  • Latest Rating: Maintained an Overweight rating on Atlassian Corporation TEAM and raised the price target from $310 to $365 on Jan. 31. This analyst sees around 21% surge in the stock.
  • Recent News: On Jan. 30, Atlassian reported better-than-expected second-quarter financial results.

Analyst: Andres Sheppard

  • Analyst Firm: Cantor Fitzgerald
  • Ratings Accuracy: 85%
  • Latest Rating: Maintained a Neutral rating on Tesla, Inc. TSLA and boosted the price target from $365 to $425 on Jan. 30. This analyst sees more than 8% upside in the stock.
  • Recent News: Tesla has started production of its refreshed Model Y across its four factories around the globe including its gigafactory in Texas, the company said in a post on X, formerly Twitter.

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