Faculty News | Harvard Business Review | 01 Nov 2012
What Makes Analysts Say “Buy”?
by Boris Groysberg, Paul Healy, Nitin Nohria & Georgios Serafeim
Wall Street analysts' recommendations can move markets. But even though leaders of public companies spend significant amounts of time interacting with this constituency, there's little information about how analysts arrive at their recommendations. What factors most influence their thinking?

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