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Stock impact report

Wall Street Bulls Look Optimistic About Grab (GRAB): Should You Buy? [Yahoo! Finance]

Grab Holdings Limited (GRAB) 
Company Research Source: Yahoo! Finance
Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Grab Holdings Limited (GRAB) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Grab currently has an average brokerage recommendation (ABR) of 1.03, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 15 brokerage firms. An ABR of 1.03 approximates between Strong Buy and Buy. Of the 15 recommendations that derive the current ABR, 14 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 93.3% and 6.7% of all recommendations. Brokerage Recommendation Trends for GRAB Check price target & stock forecast for Grab here While the ABR calls for buying Grab, it may not be wise to make an investment decisio Show less Read more
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