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. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables. 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: Philip Gibbs
Analyst Firm: Keybanc
Ratings Accuracy: 81%
Latest Rating: Maintained an Overweight rating for Commercial Metals Company CMC, and raised price target from $45 to $46
- Analyst: Sidney Ho
Analyst Firm: Deutsche Bank
Ratings Accuracy: 81%
Latest Rating: Maintained a Hold rating for Seagate Technology Holdings plc STX, but lowered price target from $72 to $60
- Analyst: Kaila Krum
Analyst Firm: Truist Securities
Ratings Accuracy: 80%
Latest Rating: Reiterated a Buy rating for OrthoPediatrics Corp. KIDS, but cut the price target from $66 to $52.
- Analyst: Mark Hughes
Analyst Firm: Truist Securities
Ratings Accuracy: 79%
Latest Rating: Maintained a Buy rating for First American Financial Corporation FAF, but lowered price target from $77 to $67.
- Analyst: Joseph Osha
Analyst Firm: Guggenheim
Ratings Accuracy: 78%
Latest Rating: Reiterated a Buy rating on Sunnova Energy International Inc. NOVA, but lowered price target from $72 to $50.
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