Equity Analyst Reports and Stock Prices
In this paper we carry out cointegration analyses, in order to study whether the relationship between analysts’ recommendations and their projected capital gains (or losses), is consistent with the hypothesis that sell recommendations are costlier than buy recommendations. We find that recommendatio...
| Main Authors: | , |
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| Format: | Online |
| Language: | eng |
| Published: |
Universidad Pedagógica y Tecnológica de Colombia
2022
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| Subjects: | |
| Online Access: | https://revistas.uptc.edu.co/index.php/cenes/article/view/12638 |
