Stock Prices and Financial Analysts' Recommendations
The Journal of FinancePublished 1 March 1983
James H. Bjerring, Josef Lakonishok, Theo Vermaelen
Citations167
SJR quartileQ1
SJR score22.84
SNIP5.51
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Abstract
ABSTRACT The recommendations of a Canadian brokerage house are evaluated by a number of techniques. The results reveal that an investor following the recommendations would have achieved significantly positive abnormal returns, even after allowing for transactions cost.
Keywords
Economics, Econometrics and FinanceBusiness, Management and Accounting
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