Market Overview - U.S. stocks experienced a decline on Friday, with the Dow Jones index dropping over 700 points during the session [1] - The S&P 500 fell by 1.71% to 6,013.13, while the Nasdaq Composite decreased by 2.20% to 19,524.01 [1] Analyst Insights - Wall Street analysts frequently update stock picks, but their track records in predicting market movements can be inconsistent [2] - Analyst ratings and price targets can vary significantly, leading to confusion among investors regarding which opinions to trust [2] Benzinga Analyst Ratings - Benzinga's Analyst Ratings API compiles high-quality stock ratings through partnerships with major sell-side banks, providing daily updates three hours before the U.S. equity market opens [3] - Insights from Benzinga Pro subscribers have been shown to serve as effective trading indicators, helping to outperform the stock market [3] Top Analyst Picks - Benzinga provides access to the latest analyst ratings, allowing traders to sort by analyst accuracy [4] - The following analysts have maintained high accuracy rates of 86%: - Lloyd Walmsley: Maintained a Buy rating on Booking Holdings Inc. (BKNG) with a price target increase from 5,960, indicating a potential upside of around 20% [5] - Mark Kelley: Maintained a Hold rating on Wayfair Inc. (W) with a price target reduction from 46, suggesting a potential surge of about 9% [5] - Doug Anmuth: Maintained an Underweight rating on Tripadvisor, Inc. (TRIP) with a price target increase from 15, indicating a potential downside of around 1% [5] - Alexander Paris: Maintained an Outperform rating on Lincoln Educational Services Corporation (LINC) with a price target of 230 to $248, indicating a potential upside of around 4% [6]
This Analyst With 86% Accuracy Rate Sees Around 20% Upside In Booking Holdings - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts