The stock market is a dynamic landscape, with analysts constantly making new predictions and recommendations. While not all analysts have impressive track records, some stand out for their accuracy and valuable insights. Benzinga Analyst Ratings API provides a curated collection of stock ratings from leading sell-side banks, helping investors navigate the complexities of the market.
Benzinga offers valuable information for investors seeking guidance. They display overnight ratings changes daily, giving traders a three-hour head start before the U.S. equity market opens. Furthermore, research suggests that the analyst insights provided by Benzinga Pro subscribers can be leveraged as trading indicators to potentially outperform the market.
Here’s a look at the most recent stock picks from the top five most accurate Wall Street analysts, according to Benzinga Analyst Stock Ratings:
William Stein (Truist Securities, 86% Accuracy)
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Rating:
Maintained a Hold rating on Tesla, Inc. (TSLA) with a price target of $215 on August 14th. This indicates a potential downside of around 1% in the stock.*
Recent News:
Tesla CEO Elon Musk expressed his appreciation for beverage maker Happy Dad after the company’s President John Shahidi shared a photo of their new Cybertruck deployment in Dallas, Texas, on Sunday.Aaron Rakers (Wells Fargo, 85% Accuracy)
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Rating:
Maintained an Overweight rating on Dell Technologies Inc. (DELL) and lowered the price target from $175 to $150 on August 14th. This suggests a potential upside of around 35% in the stock.*
Recent News:
Dell Technologies will host a conference call on Thursday, August 29th, to discuss its fiscal 2025 second quarter financial results.Sidney Ho (Deutsche Bank, 84% Accuracy)
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Rating:
Maintained a Hold rating on Applied Materials, Inc. (AMAT) and reduced the price target from $260 to $230 on August 16th. This indicates a potential upside of around 11% in the stock.*
Recent News:
Applied Materials reported better-than-expected results for its third quarter on August 15th.Alex Rygiel (B. Riley Securities, 84% Accuracy)
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Rating:
Maintained a Neutral rating on L.B. Foster Company (FSTR) and reduced the price target from $27 to $21 on August 14th. This suggests a potential gain of about 11% in the stock.*
Recent News:
L.B. Foster posted better-than-expected quarterly sales on August 6th.Harsh Kumar (Piper Sandler, 84% Accuracy)
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Rating:
Upgraded Microchip Technology Incorporated (MCHP) from Neutral to Overweight and raised the price target from $90 to $100 on August 16th. This suggests a potential upside of around 24% in the stock.*
Recent News:
Microchip Technology reported mixed first-quarter financial results on August 1st.Benzinga’s Analyst Ratings page offers a wealth of information for investors, allowing them to sort through the extensive database by analyst accuracy and get the latest insights on specific stocks. This data can be valuable for making informed investment decisions.
