Broker Research Reports, one of the initial features introduced by Trendlyne compiles analyst reports in PDF or HTML formats for users. This allows users to download and peruse these detailed research reports, which include average target prices and overall Buy-Sell-Hold recommendations.

While the broker reports section is constrained by report availability and the inclusion of average target prices, the Forecaster product offers a broader array of recommendations beyond what's provided in PDFs or full reports. Additionally, the Forecaster dataset encompasses calls from institutional analysts, who typically do not furnish full reports to retail investors.

In addition to target prices and buy-sell-hold recommendations, the larger dataset provided by Forecaster includes detailed information such as analyst consensus targets for revenues, profits, capex, free cash flows, and more.

Forecaster offers an extensive collection of earnings estimates from analysts covering approximately 900 companies. It provides consensus estimates for target prices, earnings per share (EPS), dividends, capital expenditures, interest expenses, depreciation, and buy/sell/hold consensus.

In short, the data accessible in Forecaster represents a superset of Broker Reports. For example, while Infosys is covered by 11 analysts in Broker Reports, it is analyzed by 38 analysts in the Forecaster section.