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Byline: KATHARINE STALTER
Investors hear a lot about how financial analysts rate particular stocks. But should investors pay close attention to the buy, hold, outperform and other ratings these analysts make?
No, says Barney Wilson, a principal at Lincoln Capital, a Chicago-based investment management firm. He supplies stock research to the firm's clients -- big stock buyers such as mutual funds and pension funds. In his work on the buy side, he uses data from sell-side analysts. These folks generally work at investment banks and brokerages that sell stocks and other securities, and their research is available to the public.
Wilson often conducts seminars for the Association for Investment Management and Research on topics that include valuing technology firms. Many of his lessons for professional investors are …