This Analyst With 86% Accuracy Rate Sees More Than 16% Upside In Intel - 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 significant upside potential identified in companies like Intel, HubSpot, APA Corporation, D.R. Horton, and Worthington Steel. These picks come amidst a backdrop of the Dow Jones experiencing its worst weekly performance in 2024. Analysts from firms such as Canaccord Genuity, Roth MKM, Wedbush, Keybanc, and Truist Securities have maintained or adjusted their ratings on these stocks, citing various corporate developments and financial results.
April 08, 2024 | 12:46 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Leo Mariani of Roth MKM maintains a Buy rating on APA Corporation, raising the target from $37 to $39, following the appointment of new board members.
The positive rating and target increase for APA Corporation are likely influenced by the strategic appointment of new board members, indicating strong governance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Richard Davis from Canaccord Genuity maintains a Buy rating on HubSpot, boosting the price target from $700 to $750, amidst talks of Google's potential acquisition offer.
The upgrade in HubSpot's price target and the potential acquisition by Google suggest a strong growth outlook, making it an attractive investment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 95
POSITIVE IMPACT
William Stein from Truist Securities maintains a Hold rating on Intel with a $45 price target, seeing over 16% upside, following Intel's new financial framework for its foundry business.
The positive outlook on Intel's stock is based on the new financial framework for its foundry business, which could improve profitability and investor sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Philip Gibbs of Keybanc maintains an Overweight rating on Worthington Steel, increasing the target from $39 to $40, after reporting better-than-expected Q3 results.
The increase in Worthington Steel's price target is supported by its better-than-expected Q3 financial performance, indicating a positive growth trajectory.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jay McCanless from Wedbush downgrades D.R. Horton to Underperform with a $130 target, seeing an 18% downside, ahead of its Q2 financial results announcement.
The downgrade for D.R. Horton is likely due to concerns over its upcoming financial results, potentially indicating weaker performance.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85