As the old saying goes, 'There are three types of lies: lies, damn lies and statistics.' So take at least a couple of grains of salt when you read statistics about sell-side analysts.
As the old saying goes, 'There are three types of lies: lies, damn lies and statistics.' So take at least a couple of grains of salt when you read statistics about sell-side analysts.Nearly 70 percent of the sell-side respondents in a recent survey say there is a difference between what they write and what they tell investors verbally. A whopping 80 percent of the buy-side respondents also note this inconsistency. These statistics themselves are not surprising, however. On the contrary, most
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