Wall Street's Most Accurate Analysts Pick 5 Stocks Last Week

U.S. stocks closed higher on Friday, with the Dow Jones Industrial Average rising more than 500 points during the session, as Treasury yields halted their climb.

However, all major indexes posted losses for the week, with the S&P 500 falling 1.4% and the Nasdaq dropping 2% over the period. Both indexes snapped three-week winning streaks. The Dow also recorded a weekly decline of 0.9%, marking its second consecutive weekly loss.

Wall Street analysts release new stock picks daily. Unfortunately for investors, not all analysts have particularly impressive track records in predicting market moves. Even for a single stock, analyst ratings and price targets can vary widely, leaving investors puzzled over which analyst's opinion to trust.

The analyst ratings API, curated by the news desk through direct partnerships with major sell-side banks, is a collection of the highest-quality stock ratings. It displays overnight rating changes three hours before the U.S. stock market opens daily. Data experts at investment dashboard provider Toggle.ai recently found that analyst insights regularly received by subscribers and readers can be successfully used as a trading signal to outperform the stock market.

Top Analyst Picks

Fortunately, any reader can access the latest analyst ratings on the analyst stock ratings page. One way traders can sort through the comprehensive analyst ratings database is by analyst accuracy. Below are the latest stock picks from each of the five most accurate Wall Street analysts in the analyst stock ratings.

Analyst: Atif Malik

Analyst Firm: Citigroup

Rating Accuracy: 86%

Latest Rating: Maintained a Buy rating on Micron Technology Inc. on August 21, raising the price target from $225 to $275. The analyst sees roughly 16% upside in the stock.

Recent News: On August 19, Micron Technology announced a comprehensive custom chip agreement with Alphabet Inc., which could significantly expand its role in Google's AI infrastructure.

Analyst: Sergey Glinyanov

Analyst Firm: Freedom Broker

Rating Accuracy: 85%

Latest Rating: Upgraded Taylor Devices Inc from Hold to Buy on August 21, raising the price target from $67 to $70. The analyst sees roughly 25% upside in the stock.

Recent News: On August 18, Taylor Devices reported fourth-quarter results that missed expectations.

Analyst: Kyle Menges

Analyst Firm: Citigroup

Rating Accuracy: 82%

Latest Rating: Maintained a Neutral rating on Deere & Company on August 21, raising the price target from $610 to $650. The analyst expects the stock to rise about 0.4%.

Recent News: On August 20, Deere & Company reported quarterly financial results that beat expectations.

Analyst: David Karnovsky

Analyst Firm: JPMorgan

Rating Accuracy: 80%

Latest Rating: Maintained an Overweight rating on News Corp on August 21, raising the price target from $36 to $38. The analyst expects the stock to rise about 25%.

Recent News: On August 5, News Corp reported fourth-quarter earnings that beat expectations.

Analyst: Hamed Khorsand

Analyst Firm: BWS Financial

Rating Accuracy: 80%

Latest Rating: Maintained a Buy rating on John B Sanfilippo & Son Inc on August 21, with a price target of $109. The analyst sees roughly 48% upside in the stock.

Recent News: On August 19, John B. Sanfilippo & Son reported fourth-quarter earnings per share that missed expectations.