NEW YORK: Prudential Securities, the brokerage arm of Prudential Financial, has taken the unusual step of forbidding its stock research analysts to speak to the financial press about the stocks they cover. The firm is couching the step as a business decision that is an attempt to save the opinions of its analysts exclusively for its paying clients.
Nevertheless, the decision would seem to have PR implications, as quotes and media appearances by analysts have continued to provide Wall Street firms ...