Analysts’ recommendations: from which signal does the market take its lead?
Author:
Publisher
Springer Science and Business Media LLC
Subject
Finance,General Business, Management and Accounting,Accounting
Link
http://link.springer.com/content/pdf/10.1007/s11156-009-0107-1.pdf
Reference26 articles.
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3. Barber B, Lehavy R, McNichols M, Trueman B (2003) Reassessing the returns to analysts’ stock recommendations. Financial Analysts Journal 59(2):88–96
4. Beneish MD (1991) Stock Prices and the dissemination of analysts’ recommendations. J Bus 64(3):393–416. doi: 10.1086/296543
5. Bjerring JH, Lakonishok J, Vermaelen T (1983) Stock prices and financial analyst recommendations. J Finance 38(1):187–204. doi: 10.2307/2327646
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