The S&P 500 surged to a new all-time high on Thursday, marking its best first-quarter performance in five years. With the S&P 500 gaining 10.2% and the Dow Jones adding 5.6% for the quarter, these numbers represent a strong start comparable to earlier market movements.
Every day, Wall Street analysts dish out stock predictions – a web of varied opinions. Ranging from bullish to bearish, these conflicting forecasts often leave investors scratching their heads, unsure which path to follow.
Benzinga’s Analyst Ratings API pools top-quality stock ratings, handpicked by the Benzinga news desk in collaboration with major financial institutions. Through Benzinga Pro, investment enthusiasts receive early-morning updates on analyst ratings, offering a practical edge in the market.
Top Analyst Picks: Unveil the latest analyst ratings on the Analyst Stock Ratings page. By sorting through Benzinga’s database based on accuracy, traders can cherry-pick insights from the crème de la crème of Wall Street analysts to guide their investment decisions.
Analyst: Leo Mariani
- Analyst Firm: Roth MKM
- Ratings Accuracy: 89%
- Latest Rating: Leo Mariani maintains a Buy rating on Matador Resources Company MTDR, upping the price target from $66 to $71 on March 28, 2024. An anticipated 6% surge is expected in the stock.
- Recent News: Matador Resources announced its offering of $900 million in senior notes due 2032 on March 26.
Analyst: Keith Hughes
- Analyst Firm: Truist Securities
- Ratings Accuracy: 88%
- Latest Rating: Keith Hughes maintains a Hold rating on Leggett & Platt, Incorporated LEG, revising the price target from $18 to $16 on March 26, 2024, signaling a potential 16% decline in the stock.
- Recent News: Leggett & Platt’s disappointing Q4 results and below-par FY24 guidance were reported on Feb. 8.
Analyst: Zachary Fadem
- Analyst Firm: Wells Fargo
- Ratings Accuracy: 88%
- Latest Rating: Zachary Fadem maintains an Overweight rating on O’Reilly Automotive, Inc. ORLY, raising the price target from $1,200 to $1,300 on March 25, 2024, predicting over 15% growth in the stock.
- Recent News: O’Reilly Automotive reported weaker-than-expected Q4 sales and below-estimate FY24 EPS guidance on Feb. 7.
Analyst: Philip Gibbs
- Analyst Firm: Keybanc
- Ratings Accuracy: 86%
- Latest Rating: Philip Gibbs maintains an Overweight rating on Worthington Steel, Inc. WS, lifting the price target from $31 to $39 on March 26, 2024, indicating an expected 9% surge in the stock.
- Recent News: Worthington Steel exceeded Q3 expectations in its financial report on March 21.
Analyst: Josh Siegler
- Analyst Firm: Cantor Fitzgerald
- Ratings Accuracy: 86%
- Latest Rating: Josh Siegler reaffirms an Overweight rating on TeraWulf Inc. WULF with a price target of $4 on March 28, 2024, anticipating a 56% uptick in the stock.
- Recent News: The company reported a loss of 3 cents per share for the quarter on March 19, missing the expected loss of 2 cents per share.
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