Market Overview - U.S. stocks closed higher on Friday, with the Dow Jones index gaining over 100 points, driven by economic data that bolstered expectations for a Federal Reserve interest rate cut this week [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 insights that can serve as effective trading indicators for outperforming the stock market [3] Top Analyst Picks - Benzinga provides access to the latest analyst ratings, allowing traders to sort through ratings based on analyst accuracy [4] - Analyst William Power from Citigroup maintains a Buy rating on Pure Storage Inc (NYSE:PSTG) with a price target cut from $110 to $105, indicating a potential upside of around 49% [5] - Analyst from Citizens maintains a Market Outperform rating on Crowdstrike Holdings Inc (NASDAQ:CRWD) with a price target of $500, suggesting a downside of about 2% [5] - Analyst from Needham maintains a Buy rating on Robinhood Markets Inc (NASDAQ:HOOD) with a price target of $145, expecting a surge of around 10% [5] - Analyst from B of A Securities maintains a Buy rating on Amazon.com Inc (NASDAQ:AMZN) and raises the price target from $272 to $303, anticipating a jump of approximately 32% [5] - Analyst from Baird maintains an Outperform rating on Snowflake Inc (NYSE:SNOW) and raises the price target from $260 to $270, expecting an 18% gain [7]
5 Stock Picks Last Week From Wall Street's Most Accurate Analysts - Amazon.com (NASDAQ:AMZN), CrowdStrike Holdings (NASDAQ:CRWD)