Broker Research Explained
I get regular Member emails asking for some explanation about why a broker says this or that, the most common is why they have a BUY when they have a target price below the current share price or a HOLD when they have a target price well above the current share price.
Time for a look at broker research:
HOW DO BROKERS DEFINE THEIR BUY HOLD AND SELL RECOMMENDATIONS - Look at the research for the definition - it depends on the broker. They all have different definitions of what constitutes a recommendation but you have to go to the bottom of the research to see how each broker defines those recommendations....Continue Reading