New York, NY (PRWEB) October 18, 2007
Lehman Brothers wins the All-America Research Team, Institutional Investor's annual ranking of the best sell-side equity analysts, for a fifth consecutive year.
The firm also wins top honors in Energy and ties for first with Merrill Lynch in Financial Institutions, the final category results to be released. Institutional Investor has been announcing the names of the winners online at http://www.iimagazine.com over the course of one week. The rollout concludes today.
Lehman's margin of victory in the overall survey is narrower than it has been in years, thanks to strong showings by both Bear, Stearns & Co. and JPMorgan Securities.
The firm wins 44 total team positions (first, second, third and runner-up) in the survey, down from 50 last year. Bear Stearns, leaping to second place from fourth, wins 38 total team positions, up from 31. JPMorgan makes the biggest advance, vaulting to fourth place from seventh, with 33 team positions, up from 24:
Rank Firm Team Positions
1 Lehman Brothers 44
2 Bear, Stearns & Co. 38
3 Citi 37
4 JPMorgan Securities 33
5 Merrill Lynch 30
The All-America Research Team survey covers 67 sectors in ten categories. Rankings are based on the responses of 2,600 investors and portfolio managers at more than 810 buy-side firms managing an estimated $13.4 trillion in U.S. equities. For more information please