CrowdStrike and Analyst Insights for November

U.S. stocks ended higher on Friday, with the Dow Jones and S&P 500 ascending to new peaks during the shortened trading session.

The Dow finished with a remarkable gain of 7.5% for November, while the S&P 500 saw an increase of over 5% last month. Both indices experienced their best performance months of the year.

Every day, Wall Street analysts provide fresh stock recommendations. However, not all analysts possess impressive track records when it comes to predicting market trends. Even for individual stocks, the ratings and targets suggested by analysts can differ significantly, leaving investors uncertain about which opinions to follow.

This challenge has led investors to seek reliable sources for stock analysis. One avenue is the Benzinga Analyst Ratings API, which compiles high-quality stock ratings gathered through collaborations with major financial institutions. Benzinga shares updates on rating changes daily, three hours before the U.S. market opens. Recent analysis by Toggle.ai revealed that insights received by Benzinga Pro subscribers can serve as effective trading indicators, enabling them to outperform the broader market.

Top Stock Picks from Accurate Analysts

Many investors can leverage the latest analyst ratings accessible on Benzinga’s Analyst Stock Ratings page. A key way to navigate through extensive analyst ratings is by focusing on their accuracy. Here are some recent stock picks from five of Wall Street’s most reliable analysts, as rated by Benzinga Analyst Stock Ratings.

Keith Hughes

• Analyst Firm: Truist Securities
• Ratings Accuracy: 86%
• Latest Rating: Downgraded Summit Materials, Inc. (SUM) from Buy to Hold, reducing the price target from $60 to $52.5 on Nov. 26, predicting around 3% upside potential.
• Recent News: On Nov. 25, it was announced that Summit Materials would be acquired by Quikrete Holdings for $52.50 per share in cash, a deal valued at approximately $11.5 billion.

Zachary Fadem

• Analyst Firm: Wells Fargo
• Ratings Accuracy: 86%
• Latest Rating: Maintained an Overweight rating for Marvell Technology, Inc. (MRVL), raising the price target from $90 to $100 on Nov. 26 and eyeing more than 18% upside.
• Recent News: Marvell Technology will be holding a conference call following the release of its fiscal Q3 2025 results on Tuesday, Dec. 3.

Jon Arfstrom

• Analyst Firm: RBC Capital
• Ratings Accuracy: 86%
• Latest Rating: Maintained a Sector Perform rating on Old National Bancorp (ONB), increasing the price target from $24 to $25 on Nov. 26, contemplating about 8% upside.
• Recent News: Announced a merger agreement between Old National Bancorp and Bremer Financial Corporation on Nov. 25.

Alexander Paris

• Analyst Firm: Barrington Research
• Ratings Accuracy: 86%
• Latest Rating: Kept an Outperform rating for Universal Technical Institute, Inc. (UTI), upping the price target from $22 to $25 on Nov. 21, though anticipating a 3% decline.
• Recent News: On Nov. 20, Universal Technical Institute reported strong Q4 earnings and sales, presenting FY2024 revenue guidance ahead of analysts’ estimates.

Rob Owens

• Analyst Firm: Piper Sandler
• Ratings Accuracy: 85%
• Latest Rating: Upheld an Overweight rating on CrowdStrike Holdings, Inc. (CRWD), escalating the price target from $290 to $375 on Nov. 27, with more than 8% upside predicted.
• Recent News: CrowdStrike announced robust Q3 revenue of $1.01 billion on Nov. 26, surpassing expected figures and reporting adjusted earnings of $0.93 per share, exceeding the projected $0.81.

Investors keen on stock analysis will find these insights invaluable as they navigate the current market trends.

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