Equity analysts issue more buy ratings

An analysis by Financial News Online finds that equity analysts are more bullish right now. Buy recommendations from the top 10 investment banks accounted for 44.8 percent of all recommendations as of the end of 2007. That compares with 41.6 percent in October 2006, and the record 45.8 percent in 2002--the year banks were forced to separate research and banking. While banking support presumably is less of a concern, analysts still want executive access, and low ratings will not allow that. Also, the research may have converged a bit to companies that investors want to hold. Better to be out here with a few good ideas for hedge funds.  

For more:
- here's the Financial News Online article

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