U.S. stocks settled lower on Friday, with the Nasdaq Composite falling more than 50 points during the session, recording its fifth straight losing session.
The S&P 500 fell around 2% last week, while the Nasdaq tumbled 4.6% in the period. However, the Dow recorded gains, rising 0.6% last week.
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: 92%
- Latest Rating: Maintained a Buy rating on SanDisk Corp (NASDAQ:SNDK) and raised the price target from $2,025 to $2,500 on June 25. This analyst sees around 19% upside in the stock.
- Recent News: On April 30, SanDisk reported third-quarter earnings of $23.41 per share, which beat the analyst consensus estimate of $14.43.
Analyst: Matt Bryson
- Analyst Firm: Wedbush
- Ratings Accuracy: 90%
- Latest Rating: Maintained an Outperform rating on Silicon Motion Technology Corp. (NASDAQ:SIMO) and raised the price target from $230 to $400 on June 22. This analyst sees around 30% upside in the stock.
- Recent News: On May 20, Silicon Motion achieved ISO 26262 certification for automotive applications.
Analyst: Ruben Roy
- Analyst Firm: Stifel
- Ratings Accuracy: 90%
- Latest Rating: Maintained a Buy rating on Plexus Corp (NASDAQ:PLXS) and increased the price target from $280 to $330 on June 22. This analyst sees around 15% gain in the stock.
- Recent News: On April 29, Plexus posted better-than-expected quarterly earnings and appointed David Abuhl as CFO.
Analyst: Timothy Arcuri
- Analyst Firm: UBS
- Ratings Accuracy: 89%
- Latest Rating: Maintained a Neutral rating on Qualcomm Inc (NASDAQ:QCOM) and raised the price target from $170 to $235 on June 25. This analyst expects around 25% surge in the stock.
- Recent News: On June 24, QUALCOMM raised its FY29 non-handset revenue target and announced plans to expand its strategic relationship with Hugging Face.
Analyst: Aaron Rakers
- Analyst Firm: Wells Fargo
- Ratings Accuracy: 89%
- Latest Rating: Maintained an Overweight rating on Micron Technology Inc (NASDAQ:MU) and raised the price target from $1,220 to $1,525 on June 25. This analyst expects around 35% gain in the stock.
- Recent News: On June 24, Micron posted better-than-expected financial results for the third quarter of fiscal 2026 and issued strong guidance for the current quarter.
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