This Analyst With 84% Accuracy Rate Sees Around 12% Upside In Trade Desk - 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. William Stein from Truist Securities maintained a Hold rating on Diodes Incorporated (DIOD) with a price target cut to $69. Lloyd Walmsley from Deutsche Bank maintained a Buy rating on Zillow Group, Inc. (Z) with a price target increase to $60. Mark Kelley from Stifel reiterated a Buy rating on The Trade Desk, Inc. (TTD) with a price target increase to $111. Doug Anmuth from JP Morgan maintained a Neutral rating on Lyft, Inc. (LYFT) with a price target cut to $15. William Power from Baird downgraded Five9, Inc. (FIVN) to Neutral with a price target cut to $40.
August 12, 2024 | 12:44 pm
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POSITIVE IMPACT
William Stein from Truist Securities maintained a Hold rating on Diodes Incorporated and cut the price target from $74 to $69, seeing around 7% upside.
The analyst's high accuracy rate and the recent better-than-expected financial results suggest a positive short-term impact on DIOD's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Doug Anmuth from JP Morgan maintained a Neutral rating on Lyft, Inc. and cut the price target from $18 to $15, seeing about 54% gain.
Despite the Neutral rating, the significant potential gain and better-than-expected financial results suggest a positive short-term impact on LYFT's stock price.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 80
POSITIVE IMPACT
Mark Kelley from Stifel reiterated a Buy rating on The Trade Desk, Inc. and raised the price target from $105 to $111, seeing around 12% upside.
The analyst's high accuracy rate and The Trade Desk's better-than-expected financial results suggest a positive short-term impact on TTD's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Lloyd Walmsley from Deutsche Bank maintained a Buy rating on Zillow Group, Inc. and increased the price target from $55 to $60, seeing around 16% upside.
The analyst's high accuracy rate and Zillow's better-than-expected financial results suggest a positive short-term impact on Z's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 80
NEUTRAL IMPACT
William Power from Baird downgraded Five9, Inc. to Neutral and slashed the price target from $90 to $40, seeing around 29% upside.
The downgrade and significant price target cut suggest a neutral short-term impact on FIVN's stock price despite the potential upside.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80