This Analyst With 83% Accuracy Rate Sees Around 23% Upside In Amazon.com - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
Portfolio Pulse from Lisa Levin
An analyst with an 83% accuracy rate sees a 23% upside in Amazon.com. The top five stock picks from Wall Street's most accurate analysts include Capital Bancorp, Deckers Outdoor Corporation, Crocs, Cinemark Holdings, and Amazon.com.
June 20, 2023 | 11:24 am
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POSITIVE IMPACT
An analyst with an 83% accuracy rate sees a 23% upside in Amazon.com after the CMA cleared its purchase of Roomba maker IRobot.
The analyst's high accuracy rate and the positive news of the CMA clearing Amazon's purchase of IRobot suggest a potential upside for the stock in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Analyst Nicholas Cucharale sees a 16% upside in Capital Bancorp's stock after the company announced the appointment of Jennings 'Jay' Walker as the new CFO.
The analyst's high accuracy rate and the positive news of the new CFO appointment suggest a potential upside for Capital Bancorp's stock in the short term.
CONFIDENCE 86
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Analyst Eric Wold downgraded Cinemark Holdings from Buy to Neutral and cut the price target, but still sees the stock surging around 17%.
Despite the downgrade, the analyst's high accuracy rate and the positive news of sales growth suggest a potential upside for Cinemark Holdings' stock in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Analyst Matthew McClintock sees a 10% upside in Deckers Outdoor Corporation's stock after the company reported better-than-expected sales results.
The analyst's high accuracy rate and the positive news of better-than-expected sales results suggest a potential upside for Deckers Outdoor Corporation's stock in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Analyst Rick Patel initiated coverage on Crocs with a Market Perform rating after the company reported a 33.9% Y/Y revenue growth.
The analyst's high accuracy rate and the positive news of revenue growth suggest a neutral outlook for Crocs' stock in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100