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Wall Street's Analyst Just Said On Dell Technologies; Here Are Other Picks For Last Week From Top Analysts

Published 28/11/2022, 11:52
Updated 28/11/2022, 13:10
© Reuters.  Wall Street's Analyst Just Said On Dell Technologies; Here Are Other Picks For Last Week From Top Analysts

© Reuters. Wall Street's Analyst Just Said On Dell Technologies; Here Are Other Picks For Last Week From Top Analysts

Benzinga - 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: John White

Analyst Firm: Roth Capital

Ratings Accuracy: 90%

Latest Rating: Upgraded rating on Denbury Inc. (NYSE: DEN) from Neutral to Buy on November 22, 2022, with a price target of $108. White sees around 20% surge in the company’s stock

  • Analyst: Catherine Schulte

Analyst Firm: Baird

Ratings Accuracy: 88%

Latest Rating: Maintained an Outperform rating for Twist Bioscience Corporation (NASDAQ: TWST) on November 21, 2022, and cut the price target from $56 to $33. Schulte predicts around 30% increase in the stock.

  • Analyst: Philip Gibbs

Analyst Firm: Keybanc

Ratings Accuracy: 83%

Latest Rating: Reiterated an Overweight rating for Reliance Steel & Aluminum Co. (NYSE: RS) on November 22, 2022, and raised the price target from $210 to $225. Gibbs expects a 6% rise in the company’s stock.

  • Analyst: Michael Ward

Analyst Firm: Citigroup (NYSE:C)

Ratings Accuracy: 83%

Latest Rating: Maintained a Sell rating on The Progressive Corporation (NYSE: NYSE:PGR) on November 22, 2022, but cut the price target from $106 to $104. Ward sees around 21% plunge in the stock.

  • Analyst: Aaron Rakers

Analyst Firm: Wells Fargo (NYSE:WFC)

Ratings Accuracy: 82%

Latest Rating: Maintained an Overweight rating for Dell Technologies Inc. (NYSE: DELL) on November 22, 2022, but reduced the price target from $58 to $52. Rakers sees the stock jumping around 16%.

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

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