This Analyst With 88% Accuracy Rate Sees More Than 8% Upside In Darden Restaurants - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Wall Street's most accurate analysts have made new stock picks, with notable mentions including Darden Restaurants (DRI) with an 8% upside, The GEO Group (GEO) with a 14% upside, Eagle Materials (EXP) with a 16% upside, Airbnb (ABNB) with a 5% surge, and Alta Equipment Group (ALTG) with a 99% upside. These picks come from analysts with high accuracy rates, ranging from 85% to 88%, and are based on recent financial results and contracts.

March 18, 2024 | 11:57 am
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Justin Post from B of A Securities, with an 86% accuracy rate, maintained a Neutral rating on Airbnb, raising the target from $155 to $168, seeing about a 5% surge.
The raised price target following strong Q4 revenue results could lead to increased investor interest and a potential uptick in ABNB's stock price.
CONFIDENCE 86
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Alex Rygiel from B. Riley Securities, with an 85% accuracy rate, reiterated a Buy rating on Alta Equipment Group, cutting the target from $25 to $22, seeing around 99% upside.
Despite the target cut, the significant upside potential highlighted by the analyst, combined with better-than-expected Q4 results, could drive substantial investor interest and a sharp price increase.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 90
POSITIVE IMPACT
Brian Bittner from Oppenheimer, with an 88% accuracy rate, reiterated an Outperform rating on Darden Restaurants with a target of $186, seeing over 8% upside.
Given the analyst's high accuracy rate and the specific mention of an 8% upside, it's likely that investor sentiment will be positively influenced, potentially driving the stock price up in the short term.
CONFIDENCE 88
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Keith Hughes from Truist Securities, with an 87% accuracy rate, maintained a Buy rating on Eagle Materials, increasing the target from $250 to $290, seeing over 16% upside.
The increase in price target and the recent dividend declaration are likely to be viewed positively by the market, suggesting a potential rise in EXP's stock price.
CONFIDENCE 87
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Jay McCanless from Wedbush, with an 88% accuracy rate, reiterated an Outperform rating on The GEO Group with a target of $15, seeing around 14% upside.
The positive outlook and the recent contract win for GEO Transport could boost investor confidence, likely leading to a short-term price increase.
CONFIDENCE 88
IMPORTANCE 80
RELEVANCE 90