This Analyst With 85% Accuracy Rate Sees Over 52% Upside In Capri Holdings - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Five stock picks from Wall Street's most accurate analysts have been revealed, with potential upsides ranging from 1% to 55%. The picks include MongoDB, Amazon, Capri Holdings, Bowlero Corp, and Broadcom.
June 05, 2023 | 9:22 am
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POSITIVE IMPACT
Analyst Mark Shmulik maintained an Outperform rating on Amazon and increased the price target from $125 to $140, seeing around 13% upside in the stock.
Mark Shmulik, an analyst with an 85% accuracy rate, has maintained an Outperform rating on Amazon and increased the price target. Despite recent settlements with the FTC, the raised price target suggests a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Analyst Eric Wold initiated coverage on Bowlero Corp with a Buy rating and a price target of $18, seeing the stock surging around 55%.
Eric Wold, an analyst with an 85% accuracy rate, has initiated coverage on Bowlero Corp with a Buy rating and a price target of $18. The recent acquisition of Lucky Strike Entertainment's assets also suggests a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Analyst Rick Patel maintained a Strong Buy rating on Capri Holdings and cut the price target from $60 to $55, expecting over 52% gain in the stock.
Rick Patel, an analyst with an 85% accuracy rate, has maintained a Strong Buy rating on Capri Holdings and cut the price target. Despite the cut, the analyst still expects a significant gain in the stock, suggesting a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Analyst William Power maintained an Outperform rating on MongoDB and raised the price target from $290 to $390, seeing around 4% upside in the stock.
William Power, an analyst with an 86% accuracy rate, has maintained an Outperform rating on MongoDB and raised the price target. This, combined with better-than-expected Q1 results and strong guidance, suggests a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Analyst Aaron Rakers maintained an Equal-Weight rating on Broadcom and raised the price target from $600 to $800, seeing around 1% decline in the stock.
Aaron Rakers, an analyst with an 83% accuracy rate, has maintained an Equal-Weight rating on Broadcom and raised the price target. Despite better-than-expected Q2 results and strong guidance, the analyst sees a slight decline in the stock, suggesting a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100