Market Overview - U.S. stocks experienced a slight decline on Friday, with the Nasdaq Composite falling approximately 0.1% amid low liquidity and trading volumes following the Christmas market closure [1] - For the week, the S&P 500 increased by 1.4%, marking its fourth weekly gain in five weeks, while both the Dow and Nasdaq also rose over 1% [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 subscribers [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: - Truist Securities: Maintained a Buy rating on Heico Corp (NYSE:HEI) with a price target increase from $366 to $391, indicating a potential upside of around 17% [6] - Morgan Stanley: Maintained an Overweight rating on CME Group Inc (NASDAQ:CME) with a price target increase from $314 to $320, suggesting a potential upside of about 15% [6] - Truist Securities: Maintained a Buy rating on Ally Financial Inc (NYSE:ALLY) with a price target increase from $47 to $51, expecting a surge of around 12% [6] - RBC Capital: Maintained an Outperform rating on GE Vernova Inc (NYSE:GEV) with a price target of $761, anticipating a gain of approximately 16% [6] - Truist Securities: Maintained a Buy rating on Lam Research Corp (NASDAQ:LRCX) with a price target increase from $175 to $200, expecting a jump of around 13% [7]
5 Stocks In The Spotlight Last Week: Wall Street's Most Accurate Analysts Weigh In - Ally Financial (NYSE:ALLY), CME Group (NASDAQ:CME)