Stock Analyst: I Made Up Story About AT&T Ratings
Made Up Story About AT&T Ratings. Jack Grubman, a star Wall Street analyst during the heyday for technology stocks, said Wednesday that he made up a story about how he used his ratings of AT&T stock to help his boss win a power struggle at Citigroup. Grubman said the story, sent by him in e-mail memos to another … [Read more...] about Stock Analyst: I Made Up Story About AT&T Ratings
Why Your Favorite Stock Analyst Only Has Good News
Stock Analyst Only Has Good News. Investors digest a daily slew of upgrades and downgrades from Wall Street analysts, but are far from getting a balanced diet mostly good news with a dash of positive spin. So where's the bad news? According to Chuck Hill, director of research for First Call in Boston, two-thirds of … [Read more...] about Why Your Favorite Stock Analyst Only Has Good News
