Write short notes on the followings: Responsibilities of Research Analysis

Responsibilities of Research Analyst A research analyst is a professional who prepares investigative reports on securities or assets for in-house or client use. He is very quantitative, analytical, logical, and good at managing numbers and data. Research analyst is primarily responsible for: preparation or publication of the content of the research report; providing research report; making 'buy/sell/hold' recommendation; giving price target; offering an opinion concerning public offer, with respect to securities that are listed or to be listed in a stock exchange, whether any such person has the job title of 'research analyst' and includes any other entities engaged in issuance of research report or research analysis. Research analysts study companies and industries, analyze raw data, and make forecasts or recommendations about whether to buy, hold or sell securities. They analyze information to provide recommendations about investments in securities to their clients. Investors often view analysts as experts and important sources of information about the securities they review and often rely on their advice. There are basically three broad types of analysts, viz. sell-side analysts, buy-side analysts and independent analysts.