Edward Kelly Credit Suisse
Edward Kelly of Credit Suisse repeats in second place. “Ed really rolls up his sleeves — he is one of the few senior analysts who knows all the details, financial as well as strategic, of the companies within his coverage universe,” observes one buy-side loyalist. Telling clients that remodeling stores and lowering prices had not boosted sales at Walgreen Co., Kelly downgraded the Deerfield, Illinois–based drugstore chain from neutral to sell in May, at $34.59. The stock had tumbled 22.3 percent, to $26.88, by the end of August.
