This 87% Accuracy Analyst Sees Nvidia Up More Than 24%: Here Are 5 Stock Picks From The Past Week From Wall Street's Most Accurate Analysts – NVIDIA (NASDAQ:NVDA)

US stocks closed higher on Friday, with the Dow Jones Industrial Average hitting a new record high during the session.

Wall Street analysts pick new stocks on a daily basis. Unfortunately for investors, not all analysts have a particularly impressive track record in predicting market movements. Even when it comes to a single stock, analyst ratings and target prices can vary widely, leaving investors confused about which analyst's opinion to trust.

The Benzinga Analyst Ratings API is a collection of the highest quality stock ratings curated by Benzinga’s news department through direct partnerships with major sell-side banks. Benzinga displays overnight rating changes on a daily basis three hours before the U.S. stock market opens. Data specialists at investment dashboard provider Toggle.ai recently discovered that the analyst outlooks regularly received by Benzinga Pro subscribers and Benzinga readers can be successfully used as trading indicators to outperform the stock market.

Analysts' Top Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the Analyst Stock Ratings page. One of the ways traders can sort Benzinga's extensive database of analyst ratings is by analyst accuracy. Below is a list of the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga Analyst Stock Ratings.

Analyst: Leo Mariani

• Analyst firm:Roth MKM
• Accuracy of ratings:88%
• Last rating:Coterra Energy Inc. Rating Upgrade CTRA from Hold to Buy and raised the price target from $25 to $29 on August 27. This analyst sees an upside of about 19% in the stock.
• Recent news: On August 1, Coterra Energy reported worse-than-expected second-quarter financial results.

Analyst:Richard Davis

• Analyst firm: Canaccord Genuineness
• Accuracy of ratings:88%
• Last rating:Maintained a Hold rating on Okta, Inc. OKTA and lowered the price target from $95 to $90 on August 29. This analyst sees an upside of about 14% for the stock.
• Recent newsOn August 28, Okta reported quarterly earnings of 72 cents per share, which beat analysts' consensus estimate of 61 cents per share.

Analyst:Zachary Fadem

• Analyst firm:Wells Fargo
• Accuracy of ratings:87%
• Last rating:Maintained an equal weight rating at Best Buy Co., Inc. BBY and raised the price target from $80 to $95 on August 30. This analyst sees a downside of around 5% for the stock.
• Recent newsOn August 29, Best Buy reported better-than-expected second-quarter financial results and raised its earnings forecast for fiscal year 2025.

Analyst:William Stein

• Analyst firm:Truist Values
• Accuracy of ratings:87%
• Last rating:Maintained a Buy rating on NVIDIA Corporation NVDA and raised the price target from $145 to $148 on August 29. This analyst sees an upside of about 24% for the stock.
• Recent newsOn August 28, Nvidia reported better-than-expected earnings and sales results for its second quarter.

Analyst:Trevor Walsh

• Analyst firm: JMP Values
• Accuracy of ratings:86%
• Last rating:SentinelOne, Inc. reiterated its Market Outperform rating. S with a price target of $33 on August 28. This analyst expects an increase of around 40% in the stock.
• Recent newsOn August 27, SentinelOne reported quarterly GAAP loss of 22 cents per share, in line with analysts' consensus estimate.

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