Brokers Suggest Investing in New Gold (NGD): Read This Before Placing a Bet

Sell-side analyst rating changes frequently move stock prices because investors rely on their buy/hold/sell recommendations. Media reports of analysts changing ratings can therefore shift short-term sentiment and price action, so portfolio managers should monitor analyst notes and headlines for potential volatility or repositioning signals.

Analysis

Sell-side analyst rating changes frequently move stock prices because investors rely on their buy/hold/sell recommendations. Media reports of analysts changing ratings can therefore shift short-term sentiment and price action, so portfolio managers should monitor analyst notes and headlines for potential volatility or repositioning signals.