U.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 200 points during the session after the Supreme Court struck down President Donald Trump’s tariffs.
Major indices also recorded gains last week, with the Dow adding 0.3% and the S&P 500 gaining 1.1%. The tech-heavy Nasdaq also jumped 1.5% last 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: Matthew Prisco
Analyst Firm: Cantor Fitzgerald
Ratings Accuracy: 90%
Latest Rating: Maintained an Overweight rating on Analog Devices Inc ( ADI ) with a price target of $400 on Feb. 19. This analyst sees around 13% upside in the stock.
Recent News: On Feb. 18, Analog Devices ( ADI ) reported better-than-expected first-quarter financial results and issued second-quarter EPS guidance above estimates.
Analyst: William Stein
Analyst Firm: Truist Securities
Ratings Accuracy: 87%
Latest Rating: Maintained a Hold rating on Sensata Technologies Holding PLC ( ST ) and raised the price target from $35 to $38 on Feb. 20. This analyst sees around 0.3% downside in the stock.
Recent News: On Feb. 19, Sensata Technologies ( ST ) reported better-than-expected earnings for the fourth quarter.
Analyst: Matt Bryson
Analyst Firm: Wedbush
Ratings Accuracy: 87%
Latest Rating: Maintained an Outperform rating on AXT Inc ( AXTI ) and raised the price target from $8.5 to $28 on Feb. 20. This analyst sees around 6% decline in the stock.
Recent News: On Feb. 19, AXT posted in-line losses for the fourth quarter.
Analyst: Christopher Dendrinos
Analyst Firm: RBC Capital
Ratings Accuracy: 87%
Latest Rating: Maintained a Sector Perform rating on Solaredge Technologies Inc ( SEDG ) and cut the price target from $34 to $32 on Feb. 19. This analyst expects around 16% drop in the stock.
Recent News: On Feb. 18, SolarEdge Technologies ( SEDG ) reported better-than-expected fourth-quarter financial results.
Analyst: Peter Arment
Analyst Firm: Baird
Ratings Accuracy: 86%
Latest Rating: Maintained a Neutral rating on Leidos Holdings Inc ( LDOS ) and slashed the price target from $215 to $195 on Feb. 18. This analyst expects around 12% rise in the stock.
Recent News: On Feb. 17, Leidos Holdings ( LDOS ) reported mixed fourth-quarter financial results.
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