Any service keeping stats on Analyst Upgrade/Downgrade impact?

Discussion in 'Educational Resources' started by qlai, Aug 30, 2020.

  1. TipRanks is ok. I'm on Bloomberg and they also have an analyst ranking system.

    Qualitative weighting tips:
    1. Bulge bracket analysts tend to have more weight on average (e.g. your goldman and citi analysts) than others because their clients are buy-side institutions (hedge funds, mutual funds, etc.)
    2. Some analysts are in firms that include large asset management arms -- think Morgan Stanley, Bofa, etc. -- where the internal portfolio managers will have a universe defined by the stock rating of their equity research analyst; this adds an element to their weight
    3. There are "star" analysts who have very deep relationships with management -- their stock rating might be very skewed, but their opinion matters a lot, especially if there is a major inflection

    Some other notes:
    1. When sentiment is high on a stock, bad news has a smaller impact -- and vice versa
    2. 4wk change in revisions is a great indicator of improving conditions for the company (increase odds of a beat & raise)
     
    #11     Jun 24, 2021
    razle, Atikon and murray t turtle like this.
  2. %%
    Its a bit misleading because , say, its a big sell off /bad earnings or big buy day; as long as they enter a rating by midnight or something like that, its counted that day, even if after market close...............................................................................
     
    #12     Jun 25, 2021