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Equity research

Name-level notes for the watchlist. Not a rating or a target.

Scope Watchlist names
What it is not A rating or a target
Events Earnings and guidance
Quotes Open from the note

Names, not ratings

Equity notes cover watchlist names around an event, usually earnings. The useful part is the language in the release: guidance, capex, buybacks. A headline beat is not the whole print.

There is no buy, hold, or sell rating and no target. A level mentioned on a note is a paper-session observation. The quote link opens the delayed public print. Position size in the client center, if you see one, is a demonstration lot.

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