Are the following statements True or False

It is more important now than ever that analysts consider companies' strategic uses of cash flows when creating high quality forecasts of future financial performance.

Strategic uses of cash is not important to a financial analysts in making forecasts.

Analysts must perform an in-depth Fundamental Analysis to make forecasts reflecting a basic understanding of the company.

A sell-side analyst publishes research reports that only include an investment rating.

Equity valuations are relatively insensitive to the consensus estimate.

The average of the sell-side equity analyst earnings estimates is called the 'Consensus'.

Companies frequently issue financial guidance for the next quarter and year's financial outlook.

All forecasts should reflect an investment thesis, be it positive or negative.

A defensible forecast is one where the company forecasts are in sync with the investment thesis or story.