Is Accenture (ACN) a Smart Investment Choice Based on Wall Street’s Positive Outlook?
Are Wall Street Analyst Recommendations Really Worth Paying Attention To? Introduction Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock’s price, do they really matter? Unconventional…