5 Stock Picks Last Week From Wall Street's Most Accurate Analysts
U.S. stocks settled mostly lower on Friday, with the Dow Jones index falling around 0.2% during the session. Stocks also recorded losses last week, with the S&P 500 falling 0.4% and the Dow losing 0.3%. The Nasdaq also declined 0.7% on the week.
The Dow Jones closed lower by around 83 points to 49,359.33 on Friday. The S&P 500 fell 0.06% to 6,940.01, while the Nasdaq Composite slipped 0.06% at 23,515.39 during Friday's session.
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: Ruben Roy
- Analyst Firm: Stifel
- Ratings Accuracy: 88%
- Latest Rating: Maintained a Buy rating on Nlight Inc (NASDAQ:LASR) and raised the price target from $40 to $45 on Jan. 14. This analyst sees around 3% upside in the stock.
- Recent News: On Jan. 13, nLIGHT expects to report fourth-quarter revenue of $78 million-$80 million, above high-end of prior guidance of $72 million-$78 million.
Analyst: Nick McKay
- Analyst Firm: Freedom Capital Markets
- Ratings Accuracy: 88%
- Latest Rating: Initiated coverage on Unity Software Inc (NYSE:U) with a Buy rating and a price target of $52 on Jan. 16. This analyst sees around 27% upside in the stock.
- Recent News: Unity said it will release fourth quarter and fiscal year 2025 financial results before the opening bell on Feb. 11.
Analyst: Daniel Major
- Analyst Firm: UBS
- Ratings Accuracy: 87%
- Latest Rating: Maintained a Buy rating on Kinross Gold Corp (NYSE:KGC) and increased the price target from $33 to $37.5 on Jan. 16. This analyst expects around 11% gain in the stock.
- Recent News: On Jan. 15, Kinross Gold announced that it is proceeding with the construction of three organic growth projects: the Round Mountain Phase X and Bald Mountain Redbird 2 projects in Nevada, and the Kettle River-Curlew project in Washington.
Analyst: John Todaro
- Analyst Firm: Needham
- Ratings Accuracy: 87%
- Latest Rating: Maintained a Buy rating on Hut 8 Corp (NASDAQ:HUT) with a price target of $60 on Jan. 16. This analyst expects around 1% gain in the stock.
- Recent News: Hut 8 recently announced a partnership with Anthropic and Fluidstack to accelerate the deployment of hyperscale AI infrastructure in the United States.
Analyst: Philip Gibbs
- Analyst Firm: Keybanc
- Ratings Accuracy: 85%
- Latest Rating: Maintained an Overweight rating on ATI Inc (NYSE:ATI) and increased the price target from $120 to $132 on Jan. 14. This analyst expects around 6% jump in the stock.
- Recent News: ATI will release its fourth quarter and full year 2025 earnings on Tuesday, Feb. 3.
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