U.S. stocks settled higher on Friday, with the Dow Jones index recording sharp gains during the session as crude oil retreated on hopes for an Iran-brokered reopening of the Strait of Hormuz.  

Major indices also recorded gains last week, with the Dow adding 0.3% and the S&P 500 adding 1.2%. The Nasdaq also rose 2% during the period.

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: Junaid Siddiqui

  • Analyst Firm: Truist Securities
  • Ratings Accuracy: 87%
  • Latest Rating: Maintained a Buy rating on Okta Inc (NASDAQ:OKTA) and raised the price target from $200 to $235 on Sept. 25. This analyst sees around 20% upside in the stock.
  • Recent News: On Sept. 18, Okta named Helen Riley to its board of directors.

Analyst: Samik Chatterjee

  • Analyst Firm: JP Morgan
  • Ratings Accuracy: 86%
  • Latest Rating: Maintained a Neutral rating on Akamai Technologies Inc (NASDAQ:AKAM) and increased the price target from $158 to $167 on Sept. 25. This analyst sees around 47% upside in the stock.
  • Recent News: On Sept. 24, Akamai company announced a seven-year, $11.6 billion cloud services commitment from Anthropic.

Analyst: Chase Knickerbocker

  • Analyst Firm: Craig-Hallum
  • Ratings Accuracy: 81%
  • Latest Rating: Initiated a Buy rating on TELA Bio Inc (NASDAQ:TELA) with a price target of $2 on Sept. 25. This analyst sees around 54% gain in the stock.
  • Recent News: On Aug. 31, TELA Bio, Inc announced that Roberto Cuca, Chief Operating Officer and Chief Financial Officer, will step down from the role.

Analyst: Douglas Tsao

  • Analyst Firm: HC Wainwright & Co.
  • Ratings Accuracy: 77%
  • Latest Rating: Maintained a Buy rating on Rezolute Inc (NASDAQ:RZLT) and boosted the price target from $5 to $10 on Sept. 25. This analyst expects around 153% surge in the stock.
  • Recent News: On Sept. 24, Rezolute posted a wider-than-expected quarterly loss.

Analyst: Anita Soni

  • Analyst Firm: CIBC
  • Ratings Accuracy: 77%
  • Latest Rating: Maintained an Outperformer rating on Kinross Gold Corp (NYSE:KGC) and cut the price target from $54 to $50 on Sept. 25. This analyst sees around 100% jump in the stock.
  • Recent News: On July 29, Kinross Gold posted downbeat second-quarter results.

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