The Synopsis

Dialogue. Secrets from the Sell-side


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On this episode we talk about a recent memo, What You Don't Know About Sell-side Price Targets

We cover several factors that influence a sell-side analysts' recommendations and explain that price targets don't mean what you think they do.

We hope you enjoy!

For full access to all of our in-depth research reports, become a Speedwell Member here.

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Show Notes

(0:00) Intro

(1:19) Memo Overview

(4:51) What Does the Sell-side Do?

(10:12) Tech Bubble Era Sell-Side Analyst

(15:14) What is a Price Target and Why it Doesn't Make Sense

(20:19) Biggest Unknown Factor that Influences Price Targets

(26:12) Carrer Risk and Other Recommendation Factors

(30:25) Why Sell-side likes to Stay in Consensus

(34:44) What could be different about Sell-side research

(30:09) Closing Thoughts

(40:20) Concluding Comments

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Become a Speedwell Member here to gain access to *all* of our in-depth research reports and more!

Sign up for Speedwell's free newsletter and weekly memos here

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Threads: @speedwell_research

Email us at [email protected] for any questions, comments, or feedback.

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Disclaimer

Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discusessed. Furthermore, accounts contributors advise on may also have positions in companies discussed. All views expressed on this podcast do not represent the views of the companies podcast contributors may have worked for. Please see our full disclaimers here: https://speedwellresearch.com/disclaimer/

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The SynopsisBy Speedwell Research, LLC

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