Analyst stock ratings and price targets are not always accurate. In fact, studies have shown that analysts tend to be overoptimistic on average. However, analyst ratings can still be a useful tool for investors, especially when used in conjunction with other investment analysis tools. StockTargetAdvisor helps you make informed investing decisions with the help of Analyst ratings in two ways:
- We measure historic accuracy of each analyst for a particular sector and grade them on it. This way you can only focus on analysts who have been historically more accurate about stocks in a particular sector.
- We combine analyst stock ratings and targets with automatic and unbiased fundamental analysis using our cutting edge algorithms so you can evaluate stocks objectively.