So, unlike most other firms, all of Bernstein's analysts were industry experts at some point, so they view things slightly different than typical equity analysts, which give some edge an edge, and it's more of a personal narrative, but most buy-side people I met (those who read sell-side research) prefer Bernstein's over others. Probably Evercore ISI, JPM, Jefferies are the only firms I would consider on the same level. I can tell a little more about it on PM, so hit me up.

 

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