Wall Street Analysts See Blue Bird (BLBD) as a Buy: Should You Invest?

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? Of the seven recommendations that derive the current ABR, six are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 85.7% and 14.3% of all recommendations. The ABR suggests buying Blue Bird, but making an investment decision solely o ...