Ostensibly a 1-to-5 scale, with 1 being a strong buy recommendation and 5 being a a sell recommendation.
Today, there is virtually no such thing as a sell recommendation from Wall Street analysts.
They put a sell recommendation on the stock, then at $48 a share.
Their research report does indeed have a sell recommendation.
Mr. Bradford expects the company's steel business to report a loss in the first quarter and has issued a sell recommendation on the stock.
Q. Do you deny them investment banking business if they put out a "sell" recommendation?
Mr. Bradford put a sell recommendation on several steel companies in October.
He raised Quaker from a sell recommendation to a hold when the stock hit $31 in July.
He never once issued a "sell" recommendation on Internet stocks he followed.
Many analysts blame a sell recommendation issued to his clients Wednesday night for touching off another wave of panic in the market yesterday morning.