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But a number of other companies benefited from analyst recommendations.
Meggitt's shares have had a good run this year up until now, lifted by analyst recommendations.
Then he reviews Wall Street analyst recommendations: the stronger the negative consensus, the better.
But there are some bright spots, often due to analyst recommendations.
Two documents state that the surveys allow for front-running analyst recommendations.
As of Friday, 12 of the 17 stock analyst recommendations for Twitter available on Bloomberg terminals were buy or hold.
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He tipped the traders on UBS analyst recommendation upgrades or downgrades, using secret codes sent on disposable cellphones.
But so far it seems no private lawsuit charging that an analyst recommendation was fraudulent has been successful.
The Portfolio123.com "Enhanced Expectations" screen seeks companies for which upward estimate revision and average analyst recommendation scores were in the top half compared with other firms in the same industry.
I wrote another paper comparing how large investors and small investors react to analysts' recommendations.
The sales representatives communicated the analysts' recommendations to clients and the clients' decisions to the analysts.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com