Wall Street Analyst Ratings Are ‘Mostly Useless,’ Unless Used in the Right Way - Barron's

1. Wall Street ratings may mislead investors regarding stock performance. 2. Least-loved stocks delivered the best returns over 25 years. 3. Street analysts’ price targets show high dispersion among large firms. 4. Currently, Alphabet's price target dispersion is under 20% of its price. 5. Investors shouldn't overly rely on these ratings or target updates.