by CI Staff
NASDAQ.com provides a section that aggregates daily analyst recommendations from a variety of research firms, investment banks and other financial institutions. The information is provided by Briefing.com and is available at NASDAQ.com free of charge (access to Briefing.com requires a paid subscription)
Analyst recommendations are sought-after pieces of information that, at times, have the power to move market prices, however slightly. More often, investors and other analysts use these recommendations to confirm their own investment research. Personally, I use analyst recommendations at the end of my investment research, so that I am not swayed by them when looking at the raw numbers.
The link for the area on NASDAQ.com is provided at the bottom of this article. After opening this page, you will find that the analyst recommendations are broken down into three sections: downgrades, upgrades and coverage initiated. For each analyst recommendation, the exchange, the brokerage firm issuing the recommendation, and the previous and current recommendations are all listed. The table is updated three times a day and tracks recommendations from 90 major brokerages.
If you hover your mouse over the arrow to the right of the firm’s symbol, a menu with several links will pop up: real-time quote, stock news, stock chart, pre-market quote, after hours quote and company financials. This provides a quick and easy way to check several of the most crucial pieces of financial data for each company listed at the site.
The analyst coverage section of NASDAQ.com is a useful area for keeping up with changes in analyst recommendations from major brokerage firms. This area of NASDAQ.com is a particularly useful resource if you see price movement in a stock but cannot find any major news headlines related to the company. It may be the case that a major analyst has changed its recommendation.
Briefing.com’s Daily Analyst Recommendations at NASDAQ.com