U.S. stocks settled mixed on Wednesday, with the Dow Jones index falling more than 400 points during the session following the release of PCE data.
The Dow Jones closed lower by around 444 points to 50,906.05 on Wednesday. The S&P 500 fell 0.25% to 7,651.54, while the Nasdaq Composite gained 0.24% at 26,861.06 during Wednesday’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: Leo Mariani
- Analyst Firm: Roth Capital
- Ratings Accuracy: 86%
- Latest Rating: Maintained a Buy rating on Sable Offshore Corp (NYSE:SOC) and cut the price target from $11 to $10 on Sept. 30. This analyst sees around 190% upside in the stock.
- Recent News: On Aug. 10, Sable Offshore reported worse-than-expected second-quarter financial results.
Analyst: Sergey Glinyanov
- Analyst Firm: Freedom Broker
- Ratings Accuracy: 81%
- Latest Rating: Initiated coverage on Matson Inc (NYSE:MATX) with a Buy rating and a price target of $260 on Sept. 30. This analyst sees around 15% upside in the stock.
- Recent News: On Aug. 3, Matson posted strong quarterly results.
Analyst: Hames Khorsand
- Analyst Firm: BWS Financial
- Ratings Accuracy: 77%
- Latest Rating: Maintained a Buy rating on John B Sanfilippo & Son Inc (NASDAQ:JBSS) with a price target of $109 on Sept. 30. This analyst sees around 64% gain in the stock.
- Recent News: On Aug. 19, John B. Sanfilippo & Son reported worse-than-expected fourth-quarter EPS results.
Analyst: Karl Keirstead
- Analyst Firm: UBS
- Ratings Accuracy: 75%
- Latest Rating: Maintained a Neutral rating on Mongodb Inc (NASDAQ:MDB) and cut the price target from $410 to $375 on Sept. 30. This analyst expects around 6% surge in the stock.
- Recent News: On Sept. 28, the company announced CEO Chirantan Desai has stepped down effective immediately to pursue a senior role at Meta Platforms.
Analyst: Christopher Stathoulopoulos
- Analyst Firm: Susquehanna
- Ratings Accuracy: 75%
- Latest Rating: Maintained a Positive rating on Carnival Corporation Ltd (NYSE:CCL) and raised the price target from $28 to $29 on Sept. 30. This analyst sees around 16% jump in the stock.
- Recent News: On Sept. 29, Carnival reported better-than-expected third-quarter financial results and raised its FY26 adjusted EPS guidance above estimates.
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