5 Stocks In The Spotlight From Wall Street's Most Accurate Analysts Last Month
U.S. stocks settled lower on Monday, with the Dow Jones index falling more than 350 points during the session. Renewed US-Iran strikes over the weekend sent crude sharply higher Monday, reviving inflation fears and pushing the 10-year Treasury yield to its highest since January 2025.
However, stocks recorded gains last month, with the Dow gaining more than 1% in August, notching its fifth straight monthly advance. The S&P 500 and Nasdaq also added 2.6% and 3.9%, respectively, last month.
Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst’s opinion to trust.
Benzinga’s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.
Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the Analyst Stock Ratings page. One of the ways traders can sort through Benzinga’s extensive database of analyst ratings is by analyst accuracy. Here’s a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga Analyst Stock Ratings.
Analyst: Wamsi Mohan
- Analyst Firm: B of A Securities
- Ratings Accuracy: 87%
- Latest Rating: Maintained a Neutral rating on NetApp Inc (NASDAQ:NTAP) and raised the price target from $180 to $206 on Aug. 31. This analyst sees around 11% upside in the stock.
- Recent News: NetApp will announce financial results for the first quarter of fiscal year 2027, after market close on Sept. 2.
Analyst: Dave Kang
- Analyst Firm: B. Riley Securities
- Ratings Accuracy: 81%
- Latest Rating: Maintained a Neutral rating on Ciena Corp (NYSE:CIEN) and slashed the price target from $516 to $413 on Aug. 31. This analyst sees around 8% upside in the stock.
- Recent News: Ciena will announce its fiscal third quarter financial results on Thursday, Sept. 3, before the opening bell.
Analyst: Seamus Fernandez
- Analyst Firm: Guggenheim
- Ratings Accuracy: 79%
- Latest Rating: Downgraded rating on Tenax Therapeutics Inc (NASDAQ:TENX) from Buy to Neutral on Aug. 31.
- Recent News: On Aug. 31, Tenax reported new Phase 3 data supporting TNX-103 in pulmonary hypertension patients.
Analyst: Chris Snyder
- Analyst Firm: Morgan Stanley
- Ratings Accuracy: 79%
- Latest Rating: Maintained an Equal-Weight rating on Honeywell International Inc (NASDAQ:HON) and increased the price target from $245 to $250 on Aug. 31. This analyst expects around 17% surge in the stock.
- Recent News: On Aug. 19, Honeywell Technologies named Billal Hammoud as president and CEO of Process Technology and appointed Juan Picon as president and CEO of Building Automation.
Analyst: Tim Thein
- Analyst Firm: Raymond James
- Ratings Accuracy: 76%
- Latest Rating: Maintained an Outperform rating on Deere & Co (NYSE:DE) and increased the price target from $700 to $730 on Aug. 31. This analyst sees around 11% gain in the stock.
- Recent News: On Aug. 20, Deere reported better-than-expected second-quarter financial results.
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