Corporate finance honchos dictated what analysts should write about specific underwritings.
Also, most investment analysts find public finance dry and uninteresting work.
FORBES: Don't Like Treasuries Right Now? Try Corporate Bonds
According to Yahoo finance, the number of analysts with a bullish rating is 27 versus only 5 with a bearish view on the stock this month.
"The auction came in a very difficult market environment, with the issue of US debt ceiling still unresolved", and speculation about the future of Italian finance minister Giulio Tremonti, analysts at Unicredit said.
Among the 10 analysts tracked by Yahoo finance, six of them have strong buys, one has a buy, three have a neutral rating on ALGN, and none are bearish.
With the prospect of an IMF agreement receding, analysts say a bridge finance package might be put together by the IMF with other donors to tide Cairo over until after the elections.
Earlier this year, when rumors circulated that JBS was bidding for Sara Lee, analysts questioned how JBS would finance the deal.
Beware, say two finance experts in an alarming study recently published in the Financial Analysts Journal.
This is the context, analysts say, for the proposal from Germany's finance ministry that emerged last week for Greece's budget to be managed in future partly from Brussels.
Suddenly he was responsible not just for end-of-period financial reporting but also for a new financial planning and analysis unit, an expanded roster of product finance managers, a newly installed financial system, and occasional meetings with stock analysts.
Ricks, 52, a former accounting and finance professor at Duke and Columbia, draws on a research group of 21 analysts and programmers to pick stocks after mining data on 6, 000 companies in the U.S. and twice that number overseas.
Analysts say the problem that firms such as HSBC are facing in expanding their Islamic finance business is that different Muslim countries interpret Islamic law differently.
According to one leading fund manager, analysts are now seen as nothing more than a glorified sales arm for their City firm's corporate finance arm.
应用推荐