Ask Matt: Who are 'the analysts' anyway?

April 2, 2015 10:32 AM

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A: Investors are constantly told what ‘the analysts’ think – and their opinions can move stocks. There’s good reason for that.

So-called Wall Street analysts are the professionals whose job it is to study the fundamentals and valuations of companies. Most of the analysts – as the term traditionally applies – work for large Wall Street banking firms. Yet, there are other analysts who are “independent” and don’t work at firm ...

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