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Stock impact report

Ouster (OUST) Is Considered a Good Investment by Brokers: Is That True? [Yahoo! Finance]

Ouster, Inc. (OUST) 
Company Research Source: Yahoo! Finance
While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter? 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 Ouster, Inc. (OUST). Ouster currently has an average brokerage recommendation (ABR) of 1.80, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by five brokerage firms. An ABR of 1.80 approximates between Strong Buy and Buy. Of the five recommendations that derive the current ABR, three are Strong Buy, representing 60% of all recommendations. Brokerage Recommendation Trends for OUST Check price target & stock forecast for Ouster here The ABR suggests buying Ouster, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, b Show less Read more
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