Research highlights that the "meaning" of a rating often depends on how rare it is within an analyst's total portfolio: Rating Type General Interpretation Frequency Context Analyst believes the stock will outperform its sector. Very common; may be "plentiful" and thus less impactful. Hold Stock is worth keeping but not adding more capital to.
Statistically rare; often carries "scarcity value" and can have a larger market impact. Summary of Performance Findings stock buy sell ratings
: Evaluates if analyst ratings provide value beyond what is already publicly provided by company management. Research highlights that the "meaning" of a rating