Definition of a Stock Analyst
The following is the TRUEST definition of a Stock Market Analyst whether it be Standard and Poors, Russel, JP Morgan Chase, Bank of America, Deutche Bank, or other analysts..
1) Stock Analyst) One who is never satisfied with the direction the Stock Market is headed. If the market is headed up, the analyst will complain that the market is on a sugar high. If the market is headed down, the analyst will trumpet slogans like "Big Returns coming if you're long now!"
Stock Analysts operate through 12 month target prices they have to change every 12 days.
Calling a stock analyst for their opinion on any given stock you think is a buy will result in learning about how it is a sell and if you want to sell short a stock the analyst will persuade you to buy it instead.
Stock Analysts should not be defined as Contrarians but rather as those who seem to always end up being wrong in the long term and at least half the time wrong in the short term. Which means you have a 150% chance of being correct by doing the opposite of what any given Stock Analyst says you should do.
Stock Analysts are also those individuals who analyze obsoleted fundamentals from obsolete balance sheets because they consistently disregard any recent press releases that totally change the balance sheet fundamentals.
Stock Analysts are those who think P/E Multiples of a stock are overbought or oversold based on what P/E Multiple they personally find interesting without so much as considering the historic P/E Multiple of a stock in normalized earnings circumstances.
Finally, whenever someone says on Monday that Inflation/Deflation is bad thing and then on Tuesday they say it is a wonderfully good thing....On Wednesday they say it won't have any impact... then you have witnessed a Stock Analyst in action.