Brokers Suggest Investing in P&G (PG): Read This Before Placing a Bet

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Procter & Gamble (PG) .P&G currently has an average brokerage recommendation (ABR) of 1.59, on ...