Equity Research is the process of analyzing and evaluating publicly traded companies to provide insights on their financial health and future performance. Analysts study various factors, including a company's earnings, market trends, and economic conditions, to determine the value of its stocks. This research helps investors make informed decisions about buying, holding, or selling shares. Equity researchers often produce detailed reports that include recommendations and target prices for stocks. These reports are valuable for institutional investors, such as mutual funds and pension funds, as well as individual investors looking to understand the potential risks and rewards of their investments.