This Analyst With 87% Accuracy Rate Sees Around 41% Upside In Amazon.com - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts with high accuracy rates have made recent stock picks, including Amazon, Intel, Universal Stainless & Alloy Products, Eagle Materials, and Perdoceo Education. These analysts have provided updated ratings and price targets based on recent financial results.
August 05, 2024 | 11:53 am
News sentiment analysis
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NEUTRAL IMPACT
Truist Securities' William Stein maintained a Hold rating on Intel and cut the price target from $33 to $25, seeing around 22% upside. Intel reported earnings of just 2 cents per share, below the consensus estimate.
The earnings miss and reduced price target suggest a neutral short-term impact on Intel's stock price, despite the analyst's high accuracy rate.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Stifel's Mark Kelley maintained a Buy rating on Amazon and cut the price target from $228 to $224, seeing around 41% upside. The company posted mixed Q2 financial results.
Despite mixed Q2 results, the analyst's high accuracy rate and significant upside potential suggest a positive short-term impact on Amazon's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Stephens & Co.'s Trey Grooms maintained an Overweight rating on Eagle Materials and boosted the price target from $280 to $315, seeing around 24% surge. The company reported better-than-expected Q1 EPS results.
The better-than-expected Q1 EPS results and increased price target suggest a positive short-term impact on EXP's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Barrington Research's Alexander Paris maintained an Outperform rating on Perdoceo Education and raised the price target from $27 to $30, seeing more than 25% upside. The company posted better-than-expected quarterly earnings.
The better-than-expected quarterly earnings and increased price target suggest a positive short-term impact on PRDO's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Keybanc's Philip Gibbs maintained an Overweight rating on Universal Stainless & Alloy Products and raised the price target from $36 to $46, seeing around 20% increase. The company reported better-than-expected Q2 results.
The better-than-expected Q2 results and increased price target suggest a positive short-term impact on USAP's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100