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Author:Barber, B.M. (et al.)
Title:Buys, holds, and sells: the distribution of investment banks' stock ratings and the implications for the profitability of analysts' recommendations
Journal:Journal of Accounting & Economics
2006 : APR, VOL. 41:1-2, p. 87-117
Index terms:brokerage
finance
investments
investment banks
Language:eng
Abstract:This article examines the distribution of stock ratings at investment banks and brokerage companies, and studies whether these distributions can predict the profitability of analystsÂ’ recommendations.
SCIMA record nr: 261219
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