Market Performance - U.S. stocks closed mostly lower on Friday, with the Dow Jones index falling approximately 0.2% during the session [1] - The S&P 500 decreased by 0.4% and the Dow lost 0.3% over the previous week, while the Nasdaq declined by 0.7% [1] - The Dow Jones closed at 49,359.33, down around 83 points, while the S&P 500 fell to 6,940.01 and the Nasdaq Composite slipped to 23,515.39 [1] Analyst Ratings and Insights - Benzinga's Analyst Ratings API provides high-quality stock ratings through partnerships with major sell-side banks, offering daily updates on ratings changes [3] - Analyst insights from Benzinga Pro subscribers have been shown to serve as effective trading indicators, potentially outperforming the stock market [3] - Benzinga allows users to access the latest analyst ratings, sorted by analyst accuracy, highlighting the most recent stock picks from top analysts [4] Notable Analyst Ratings - John Todaro from Stifel maintained a Buy rating on nLIGHT Inc (NASDAQ:LASR) and raised the price target from $40 to $45, anticipating a 3% upside [6] - An analyst from Freedom Capital Markets initiated coverage on Unity Software Inc (NYSE:U) with a Buy rating and a price target of $52, expecting a 27% upside [6] - UBS maintained a Buy rating on Kinross Gold Corp (NYSE:KGC) and increased the price target from $33 to $37.5, projecting an 11% gain [6] - Needham maintained a Buy rating on Hut 8 Corp (NASDAQ:HUT) with a price target of $60, expecting a 1% gain [6] - Philip Gibbs from Keybanc maintained an Overweight rating on ATI Inc (NYSE:ATI) and raised the price target from $120 to $132, forecasting a 6% increase [7]
5 Stock Picks Last Week From Wall Street's Most Accurate Analysts - ATI (NYSE:ATI), Hut 8 (NASDAQ:HUT)