We’re at the end of earnings season. That means it’s time for analysts to weigh in on the outlook for specific stocks. While there’s cautious optimism about how the second half of the year will go, the outlook for the current quarter may still be tricky for investors to navigate.
Many investors look at analysts' estimates to help maintain a long-term outlook. These individuals typically work for investment banks, brokerages, or investment management firms. They have access to information, including access to company insiders, that retail investors lack. They use this to assign ratings and price targets to their assigned stocks.
