U.S. stocks settled lower on Friday, with the Nasdaq Composite falling more than 4% during the session to record its worst day since April 2025.
The S&P 500 dipped more than 2% last week, while the Nasdaq Composite fell 4.7%.
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: Asiya Merchant
- Analyst Firm: Citigroup
- Ratings Accuracy: 93%
- Latest Rating: Maintained a Buy rating on Hewlett Packard Enterprise Company (NYSE:HPE) and raised the price target from $39 to $70 on June 2. This analyst sees around 39% upside in the stock.
- Recent News: On June 1, Hewlett Packard Enterprise posted its second-quarter results, beating analyst estimates on the top and bottom lines.
Analyst: N. Quinn Bolton
- Analyst Firm: Needham
- Ratings Accuracy: 91%
- Latest Rating: Maintained a Buy rating on NVIDIA Corporation (NASDAQ:NVDA) with a price target of $270 on June 2. This analyst sees around 30% upside in the stock.
- Recent News: On May 20, NVIDIA posted upbeat quarterly earnings.
Analyst: Aaron Rakers
- Analyst Firm: Wells Fargo
- Ratings Accuracy: 89%
- Latest Rating: Maintained an Equal-Weight rating on Intel Corporation (NASDAQ:INTC) and raised the price target from $85 to $110 on June 1. This analyst sees around 1% decline in the stock.
- Recent News: Intel shares traded higher on Monday after reports suggesting that Google and Nvidia are planning to call on the company as a backup producer of chips.
Analyst: Timothy Arcuri
- Analyst Firm: UBS
- Ratings Accuracy: 89%
- Latest Rating: Maintained a Buy rating on Broadcom Inc. (NASDAQ:AVGO) and cut the price target from $490 to $485 on June 4. This analyst expects around 22% surge in the stock.
- Recent News: On June 8, Broadcom announced security investments in the Spring and Java ecosystem.
Analyst: William Stein
- Analyst Firm: Truist Securities
- Ratings Accuracy: 89%
- Latest Rating: Maintained a Buy rating on Arrow Electronics, Inc. (NYSE:ARW) and boosted the price target from $240 to $260 on June 4. This analyst expects around 7% growth in the stock.
- Recent News: On May 13, Arrow Electronics announced a $1 billion share buyback.
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