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Tekijä: | Panchenko, V. |
Otsikko: | Impact of analysts' recommendations on stock performance |
Lehti: | European Journal of Finance
2007 : JAN/FEB, VOL. 13:1-2, p. 165-179 |
Asiasana: | stock markets stock returns USA |
Kieli: | eng |
Tiivistelmä: | This paper explores the effect of analysts' recommendations (hereafter as: recms.) on stock return, volatility and volume. Based on a sample of 36 large cap stocks traded on the U.S. stock market from June 1997 to May 2003, there is suggested a significant impact of analysts' recms. on the stock market etc. |
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