Merrill Lynch's Rating System (Kurlak)
ML rates their stocks (A,B,C,D) - (1,2,3,4,5,6) - (1,2,3,4,5,6) - (7,8,9)
INTC is rated a B-3-2-7
B stands for average risk (A is low risk, C is higher risk)
3 stands for Intermediate term stock appreciation potential
2 stands for Long term appreciation potential
7 stands for income rating (7 - High, 8 - Medium, 7 - Low)
Kurlak never sets up a target price for stocks rated a 3 (which is a hold - but in practice a sell since the rating 4 is never used)
Hope this helps |
