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Here Are 5 October Stock Picks From Benzinga's Most Accurate Analysts

Published 11/10/2022, 14:08
Updated 11/10/2022, 14:40
© Reuters.  Here Are 5 October Stock Picks From Benzinga's Most Accurate Analysts

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.

Related Link: Exclusive Study Finds Benzinga Analyst Ratings Data Yields Market-Beating Strategies

Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables. 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: John Freeman

  • Analyst Firm: Raymond James
  • Ratings Accuracy: 93%
  • Latest Rating: Maintained Strong Buy rating for APA Corp (US) (NASDAQ: APA), cut price target from $75 to $70 on Oct. 5.
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  • Analyst Firm: Baird
  • Ratings Accuracy: 88%
  • Latest Rating: Maintained Outperform rating for Avantor Inc (NYSE: AVTR), cut price target from $35 to $32 on Oct. 6.

  • Analyst Firm: Wells Fargo (NYSE:WFC)
  • Ratings Accuracy: 86%
  • Latest Rating: Maintained Overweight rating for KLA Corp (NASDAQ: KLAC), cut price target from $420 to $360 on Oct. 10.

  • Analyst Firm: B. Riley Securities
  • Ratings Accuracy: 84%
  • Latest Rating: Maintained Buy rating for Identiv Inc (NASDAQ: INVE), cut price target from $22 to $19 on Oct. 4.

  • Analyst Firm: Piper Sandler
  • Ratings Accuracy: 83%
  • Latest Rating: Maintained Overweight rating for Diamondback Energy Inc (NASDAQ: FANG), raised price target from $187 to $193 on Oct. 5.

Latest Ratings for APA

Mar 2022Piper SandlerMaintainsNeutral
Mar 2022KeybancMaintainsOverweight
Mar 2022KeybancMaintainsOverweight

View the Latest Analyst Ratings

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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