This Analyst With 84% Accuracy Rate Sees More Than 67% Upside In SMART Global Holdings - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Analysts with high accuracy rates have made new stock picks. Chris Caso from Wolfe Research initiated coverage on Arm Holdings plc (NASDAQ:ARM) with a Peer Perform. Subash Chandra from Benchmark maintained a Buy rating on Marathon Oil Corporation (NYSE:MRO) but cut the price target from $32 to $28. Ross Seymore from Deutsche Bank initiated coverage on Arm Holdings plc (NASDAQ:ARM) with a Buy rating and a price target of $60. Quinn Bolton from Needham maintained a Buy rating on SMART Global Holdings, Inc. (NASDAQ:SGH) with a price target of $22. Jeremy Campbell from Barclays maintained an Overweight rating on MarketAxess Holdings Inc. (NASDAQ:MKTX) and cut the price target from $308 to $278.
October 16, 2023 | 1:05 pm
News sentiment analysis
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POSITIVE IMPACT
Two analysts initiated coverage on ARM Holdings plc. Chris Caso from Wolfe Research gave a Peer Perform rating, while Ross Seymore from Deutsche Bank gave a Buy rating with a price target of $60.
The initiation of coverage by two top analysts, one with a Buy rating, is likely to generate investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Quinn Bolton from Needham maintained a Buy rating on SMART Global Holdings, Inc. with a price target of $22.
The maintained Buy rating and significant upside in the price target could positively impact investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Jeremy Campbell from Barclays maintained an Overweight rating on MarketAxess Holdings Inc. and cut the price target from $308 to $278.
Despite the maintained Overweight rating, the reduction in price target could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Subash Chandra from Benchmark maintained a Buy rating on Marathon Oil Corporation but cut the price target from $32 to $28.
While the Buy rating is maintained, the reduction in price target could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100