A Cautionary Tale On Sell-Side Ratings |
May 10, 2017 | May 2017 Bond Updates |
A recent analysis reported that the percentage of newly issued ratings of “sell” or “underweight” was only 5% of the total. This phenomenon is not new to regular market followers, and it was on full display surrounding the IPO of Snapchat (SNAP). |
View more at: http://www.forbes.com/sites/greatspeculations/2017/05/09/a-cautionary-tale-on-sell-side-ratings/ |