ba736

I'm saddened by this thread. Some of the hate on here against SS equity research is unwarranted.

Initiate on a hold can happen quite easily. For a legit analyst, when he/she begins the actual initiation process, it could take over a month of real fundamental research / meeting with mgmt/ due diligence before it is finally released. If an analysts initiates without meeting with mgmt or doing a lot of research, that's very bad practice.

If your stock runs within range of 10% of your price target during your research, you either have to boost it, or reluctantly move to the sidelines.

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And numi your example is also biased. I don't know what industry or what company its about, but maybe the firm is a large grower based on M&A, and poor organic growth. Maybe investors have been concerned about it, and that happens to be a key problem of that company.

Investors can see what M&A does to earnings, but what if the organic growth component being stellar is the key to beating the quarter. The analyst could be making a call on the quarter telling people to get in, and get a boost when the results are announced.