This Analyst With 86% Accuracy Rate Sees More Than 12% Upside In Starbucks - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

Market Overview - U.S. stocks experienced gains, with the Dow Jones increasing by 1.4% and the S&P 500 rising by 1.1% last week, reaching new highs during a shortened trading session [1] Analyst Ratings and Insights - Wall Street analysts frequently update stock picks, but their track records can vary significantly, leading to confusion among investors regarding which ratings to trust [2] - Benzinga's Analyst Ratings API compiles high-quality stock ratings from major sell-side banks, providing insights that can serve as effective trading indicators for subscribers [3] Top Analyst Picks - Keith Hughes (Truist Securities): Downgraded Summit Materials, Inc. from Buy to Hold, reducing the price target from $60 to$52.5, indicating a potential upside of around 3%. The company is set to be acquired for $52.50 per share, valuing the deal at approximately$11.5 billion [5] - Jon Arfstrom (RBC Capital): Maintained a Sector Perform rating on Old National Bancorp, raising the price target from $24 to$25, suggesting an upside of 86%. The company announced a merger agreement with Bremer Financial Corporation [6] - Zachary Fadem (Wells Fargo): Maintained an Overweight rating on Starbucks Corporation, increasing the price target from $110 to$115, indicating more than 12% upside. The company is facing operational challenges due to a ransomware attack affecting employee scheduling [7] - William Stein (Truist Securities): Maintained a Hold rating on Analog Devices, Inc., lowering the price target from $233 to$227, with an expected gain of around 4%. The company reported better-than-expected fourth-quarter EPS and sales [8] - Rob Owens (Piper Sandler): Maintained an Overweight rating on CrowdStrike Holdings, Inc., raising the price target from $290 to$375, indicating an upside of around 8%. The company reported third-quarter revenue of $1.01 billion, exceeding estimates [9]