Analyst Decline Will Raise Quality

RESEARCH & COMMENTARY

Demand for specialist ratings and analysis services is falling because sell-side banks and brokers are cutting back on research analysts, according to research from San Francisco-based company Starmine, which rates equity analysts and their research.

However, the overall quality of data services that carry analyst research will improve as a result, says Stuart McLean, European sales manager for Starmine in London.

Analyst numbers continued to fall in 2004, according to Starmine's research, by