US stocks closed lower on Friday, with the Dow Jones dropping more than 100 points during the session.

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst's opinion to trust.

Benzinga's Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.

Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the Analyst Stock Ratings page. One of the ways traders can sort through Benzinga's extensive database of analyst ratings is by analyst accuracy. Here's a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga Analyst Stock Ratings.

Analyst: Zachary Fadem

• Analyst Firm: Wells Fargo
• Ratings Accuracy: 87%
• Latest Rating: Maintained an Overweight rating on Tractor Supply Company (NASDAQ:TSCO) with a Buy rating and raised the price target from $255 to $270 on April 13, 2023. Fadem sees around 13% upside in the company’s stock.
• Recent News: Tractor Supply, during February, raised its quarterly dividend from $0.92 per share to $1.03 per share.

Analyst: Eric Wold

• Analyst Firm: B. Riley Securities
• Ratings Accuracy: 85%
• Latest Rating: Maintained a Buy rating on Sportsman's Warehouse Holdings, Inc. (NASDAQ:SPWH) and cut the price target from $16 to $12 on April 13, 2023. This analyst sees around 67% upside in the stock.
• Recent News: Sportsman's Warehouse reported mixed financial results and issued guidance well below analyst estimates due to lower discretionary spending and a prolonged cold season. The company's CEO also announced that he will retire.

Analyst: Jay McCanless

• Analyst Firm: Stifel
• Ratings Accuracy: 83%
• Latest Rating: Reiterated an Outperform rating on Meritage Homes Corporation (NYSE:MTH) with a price target of $132 on April 12, 2023. This analyst expects around 10% surge in the company’s stock.
• Recent News: Meritage Homes Board of Directors approved the initiation of a recurring quarterly cash dividend of $0.27 per share.

Analyst: John Freeman

Analyst: Seth Basham

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