U.S. stocks settled lower on Friday, with the Dow Jones index falling more than 250 points during the session after a blowout August payroll report forced traders to price in a genuine chance the Federal Reserve raises rates this month.
The Dow index fell 0.3% last week, while the S&P 500 and Nasdaq added 0.1% and 0.4%, respectively 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: Josh Sullivan
- Analyst Firm: Jones Trading
- Ratings Accuracy: 87%
- Latest Rating: Initiated coverage on Xtend AI Robotics, Inc. (NYSE:XTND) with a Buy rating and a price target of $10 on Sept. 4. This analyst sees around 67% upside in the stock.
Analyst: Atif Malik
- Analyst Firm: Citigroup
- Ratings Accuracy: 84%
- Latest Rating: Maintained a Buy rating on Broadcom Inc. (NASDAQ:AVGO) and raised the price target from $500 to $515 on Sept. 4. This analyst sees around 44% upside in the stock.
- Recent News: On Sept. 2, Broadcom posted third-quarter revenue of $29.59 billion, beating analyst estimates of $29.36 billion.
Analyst: Vivek Arya
- Analyst Firm: B of A Securities
- Ratings Accuracy: 83%
- Latest Rating: Maintained a Neutral rating on Ambarella, Inc. (NASDAQ:AMBA) and cut the price target from $96 to $70 on Sept. 4. This analyst sees around 11% gain in the stock.
- Recent News: On Sept. 3, Ambarella posted better-than-expected quarterly earnings.
Analyst: Vijay Rakesh
- Analyst Firm: Mizuho
- Ratings Accuracy: 83%
- Latest Rating: Maintained a Neutral rating on Intel Corporation (NASDAQ:INTC) and cut the price target from $109 to $92 on Sept. 4. This analyst expects around 4% decline in the stock.
- Recent News: The chipmaker announced on Aug. 24 that it is expanding its AI lineup with new processors and graphics products aimed at improving how businesses handle AI workloads across data centers, laptops and other devices.
Analyst: William Power
- Analyst Firm: Baird
- Ratings Accuracy: 83%
- Latest Rating: Maintained a Neutral rating on DocuSign, Inc (NASDAQ:DOCU) and increased the price target from $55 to $72 on Sept. 4. This analyst sees around 5% gain in the stock.
- Recent News: On Sept. 3, Docusign posted upbeat financial results for the second quarter of fiscal 2027 and raised its fiscal 2027 revenue outlook.
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