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...

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主要な著者:	Astaiza Gómez, José Gabriel, Perez Pacheco, Camilo Andrés
フォーマット:	Online
言語:	eng
出版事項:	Universidad Pedagógica y Tecnológica de Colombia 2022
主題:	sell-side analysts intrinsic value trading incentives informational value access to information analistas sell-side valor intrínseco incentivos de trading valor informacional acceso a la información
オンライン･アクセス:	https://revistas.uptc.edu.co/index.php/cenes/article/view/12638