Wall Street analysts make new stock picks every day. Unfortunately for investors, not all analysts have a particularly impressive track record of predicting market movements. Even when it comes to a single stock, analyst ratings and price targets can vary widely, confusing investors about which analyst opinion to trust.
The Benzinga Analyst Ratings API is a collection of the highest quality stock ratings curated by the Benzinga News Desk through direct partnerships with major sell-side banks. Benzinga shows overnight ratings changes three hours before the US stock market opens daily. Data specialists at investment dashboard provider Toggle.ai recently found that the analyst insights that Benzinga Pro subscribers and Benzinga readers regularly receive can be successfully used as trading indicators to outperform the stock market.
Top Analyst Tips: Fortunately, every Benzinga reader can access the latest analyst ratings Analyst stock ratings Side. One way for traders to search Benzinga’s extensive database of analyst ratings is by analyst accuracy. Here’s a look at the latest stock picks from each of Wall Street’s five most scrupulous analysts, according to Benzinga Analyst Stock Reviews.
Analyst house: RBC capital
Rating Accuracy: 90%
Latest rating: Maintained an outperform rating Chesapeake Energy Corporation CHK and raised the price target from $120 to $130.
Analyst house: CreditSuisse
Rating Accuracy: 89%
Latest rating: Maintained an outperform rating for EOG Resources, Inc. EOGand increased the price target from $150 to $160.
- Analyst: Catherine Schulte
Analyst house: Baird
Rating Accuracy: 87%
Latest rating: Repeated an Outperform rating for Castle Biosciences, Inc. CSTLbut lowered the target price from $48 to $41.
Analyst house: key bank
Rating Accuracy: 86%
Latest rating: Maintained an overweight rating EMCOR Group, Inc. EMEand raised the target price to $160 from $135.
Analyst…
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