U.S. stocks settled lower on Friday, with the Nasdaq Composite falling more than 200 points during the session as investors weighed a stark downward revision to fourth-quarter economic growth against a sticky inflation reading before the oil shock of the war in Iran.
The S&P 500 recorded a 1.6% loss last week, while the 30-stock Dow dipped about 2%. The tech-heavy Nasdaq declined 1.3% during the 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: Asiya Merchant
- Analyst Firm: Citigroup
- Ratings Accuracy: 88%
- Latest Rating: Maintained a Buy rating on Hewlett Packard Enterprise Co (NYSE:HPE) and increased the price target from $26 to $27 on March 11. This analyst sees around 26% upside in the stock.
- Recent News: On March 9, Hewlett Packard Enterprise reported better-than-expected first-quarter earnings and issued FY2026 EPS guidance above estimates.
Analyst: Nick McKay
- Analyst Firm: Freedom Capital Markets
- Ratings Accuracy: 87%
- Latest Rating: Initiated coverage on Rush Street Interactive Inc (NYSE:RSI) with a Buy rating and a price target of $25 on March 12. This analyst sees around 25% upside in the stock.
- Recent News: On Feb. 17, Rush Street Interactive posted mixed quarterly results.
Analyst: Daniel Major
- Analyst Firm: UBS
- Ratings Accuracy: 86%
- Latest Rating: Maintained a Neutral rating on Alcoa Corp (NYSE:AA) and raised the price target from $48 to $70 on March 12. This analyst sees around 9% jump in the stock.
- Recent News: On Feb. 26, Alcoa declared a quarterly cash dividend of 10 cents per share.
Analyst: Matt Bryson
- Analyst Firm: Wedbush
- Ratings Accuracy: 86%
- Latest Rating: Maintained an Outperform rating on Micron Technology Inc (NASDAQ:MU) and raised the price target from $320 to $500 on March 13. This analyst expects around 13% gain in the stock.
- Recent News: The company said on Sunday it has closed its purchase of Powerchip Semiconductor Manufacturing Corporation's P5 manufacturing location in Tongluo, Taiwan, giving Micron full ownership of the facility.
Analyst: Devin Ryan
- Analyst Firm: Citizens
- Ratings Accuracy: 86%
- Latest Rating: Maintained a Market Outperform rating on Sharplink Inc (NASDAQ:SBET) and cut the price target from $50 to $40 on March 11. This analyst expects around 400% rise in the stock.
- Recent News: On March 9, Sharplink reported an adjusted loss of $1.19 per share for the fourth quarter, improving from a loss of $3.00 a year earlier.
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