Equity research involves analyzing and evaluating publicly traded companies to provide insights on their financial health and future performance. Analysts study various factors, including financial statements, market trends, and industry conditions, to determine a company's value and potential for growth. Their findings help investors make informed decisions about buying, holding, or selling stocks. Equity research reports typically include recommendations, target prices, and detailed analyses of a company's strengths and weaknesses. These reports are essential for institutional investors, portfolio managers, and individual investors who seek to understand the risks and opportunities associated with investing in specific stocks.