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Goldman Sachs Research in this instance is a defined term that carries a whole lot more weight than research you or I would do to determine if we should invest
by bwilliams18 10y ago
Goldman Sachs Research in this instance is a defined term that carries a whole lot more weight than research you or I would do to determine if we should invest in a stock.
Analysts are required to genuinely believe what they are saying, or at least aren't allowed to say one thing in public research reports, and another in private. Their research is considered Material Non-Public Information until it is published, and thus cannot share it with anyone in their firm that is outside the research department until they release it to the public.