Investing
Merrill Lynch (MER): Rate More Stocks As "Sell", See If It Works
Published:
The Zeppelin commanders who run the research operations at Merrill Lynch (MER) have told their analysts that 20% of the stocks which the cover must be rated as "sell", or "underperform" as the call it at the firm where they are bullish on America.
It is not quite clear what analysts will do if they do not actually have a fifth of the companies in their coverage universe that they think are dogs. They may simply have to take some of the ones where they have a "neutral" rating and downgrade them
According to Bloomberg, Merrill’s new “dispersion guidelines” will also limit “buy” ratings to 70 percent of the shares an analyst covers, while “neutral”-rated stocks won’t exceed 30 percent.
It may be that Merrill thinks that their analysts have no idea how to do their jobs, so the mother ship needs tol tell them what to do.
Douglas A. McIntyre
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
