Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Coca-Cola (KO). An ABR of 1.33 approximates between Strong Buy and Buy. Of the 15 recommendations that derive the current ABR, 12 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 80% and 6.7% of all recommendations.

Source: The Star October 19, 2023 01:38 UTC