Analyst recommendations are commonly relied upon by investors to decide buy/sell/hold, and media reports of sell-side rating changes often move stock prices. Portfolio managers should expect that brokerage analyst commentary can generate near-term price volatility and influence positioning despite being opinion-based rather than fundamental company disclosures.
Analyst recommendations are commonly relied upon by investors to decide buy/sell/hold, and media reports of sell-side rating changes often move stock prices. Portfolio managers should expect that brokerage analyst commentary can generate near-term price volatility and influence positioning despite being opinion-based rather than fundamental company disclosures.
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neutral
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0.00