U.S. stocks closed mixed on Friday, following the release of PPI data. The Dow Jones closed higher by over 100 points, while S&P 500 and the Nasdaq settled lower on Friday.

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: Sean Eastman

• Analyst Firm: Keybanc
• Ratings Accuracy: 86%
• Latest Rating: Maintained an Overweight rating on Tetra Tech, Inc. (NASDAQ:TTEK) and raised the price target from $185 to $200 on Aug. 11, 2023. This analyst sees around 19% upside in the stock.
• Recent News: Tetra Tech reported better-than-expected third-quarter financial results.

Analyst: Rick Patel

• Analyst Firm: Raymond James
• Ratings Accuracy: 85%
• Latest Rating: Downgraded rating on Capri Holdings Limited (NYSE:CPRI) from Strong Buy to Market Perform on Aug. 11, 2023.
• Recent News: Tapestry, Inc. (NYSE:TPR), a house of luxury brands including Coach and Kate Spade, will acquire Capri Holdings, a luxury fashion group consisting of Versace, Jimmy Choo and Michael Kors.

Analyst: Eric Wold

Analyst: Colin Sebastian

Analyst: Jay McCanless

Read More: Top 5 Tech And Telecom Stocks That May Explode This Month