Market Overview - U.S. stocks closed higher on Friday, with the Nasdaq Composite gaining for the fifth consecutive session as hopes for rate cuts increased and risk appetite returned across technology, cryptocurrency, and commodities [1] - Despite the recent gains, the Nasdaq recorded a nearly 2% decline in November, while the S&P 500 and Dow experienced slight gains during the same month [1] Analyst Insights - Wall Street analysts frequently update stock picks, but their track records in predicting market movements can vary significantly, leading to confusion among investors regarding which opinions to trust [2] - Benzinga's Analyst Ratings API compiles high-quality stock ratings through partnerships with major sell-side banks, providing daily updates on ratings changes three hours before the U.S. equity market opens [3] Top Analyst Picks - Benzinga offers access to the latest analyst ratings, allowing traders to sort through ratings based on analyst accuracy [4] - Notable analysts and their recent ratings include: - John Todaro from Citigroup maintained a Neutral rating on HP Inc (NYSE:HPQ) with a price target cut from $27 to $25, indicating a potential upside of around 3% [5] - An analyst from Citizens maintained a Market Outperform rating on Zscaler Inc (NASDAQ:ZS) with a price target of $355, suggesting a potential upside of approximately 43% [5] - An analyst from Truist Securities maintained a Hold rating on Analog Devices Inc (NASDAQ:ADI) and raised the price target from $249 to $258, expecting a decline of about 3% [5] - An analyst from Baird maintained a Neutral rating on Symbotic Inc (NASDAQ:SYM) and increased the price target from $55 to $58, anticipating a decline of around 29% [5] - An analyst from Needham maintained a Buy rating on Robinhood Markets Inc (NASDAQ:HOOD) with a price target of $145, expecting a gain of about 16% [7]
5 Stock Picks Last Month From Wall Street's Most Accurate Analysts - Analog Devices (NASDAQ:ADI), Robinhood Markets (NASDAQ:HOOD)