Summary: Our Collected Wisdom column compiles consensus views from analysts on a variety of stocks, but it’s important to understand where this information comes from and how it is compiled. Research out of major broking houses tends to focus mostly on large cap stocks, and while price targets and buy/hold/sell calls are useful starting points, investors should not use them as the definitive guide to their investments
Key take out: It’s important to view broker research in context and know that without talking to the analyst who compiled a report, you won’t be getting a full picture of the stock covered.
Key beneficiaries: General investors. Category: Shares.