Explain why a sell-side analyst might be less objective than a buy-side analyst in his/her research reports.
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Explain why a sell-side analyst might be less objective than a buy-side analyst in his/her research reports. If an analyst is working for Merrill Lynch, where should the analyst’s loyalties lie—with Merrill Lynch, with the companies that the analyst reviews and evaluates, or with the clients who purchase the analyst’s research?
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Related Book For 
Financial Accounting For Executives And MBAs
ISBN: 9781618531988
4th Edition
Authors: Wallace, Simko, Ferris
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