No. of Recommendations: 0
The use of analysts like this by major financial institutions needs to stop, it is starting to get ridiculous.
Welfard -I couldn't agree more. They represent themselves more than their customers. If its this obvious to us, it must be obvious to the 'regulators'. The only reason it isn't illegal is because big money has big power.
I understand why they don't rate themselives on the accuracy of their own ratings, but don't know why a watchdog group doesn't simply keep track and publish how the stocks do after each broker changes their rating.
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