Journal of Finance Vol. 38 No. 1 1983
Stock Prices and Financial Analysts' Recommendations
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.
- DOI
- 10.1111/j.1540-6261.1983.tb03634.x
- Volume
- 38
- Issue
- 1
- Pages
- 187-204
- Language
- en
- Sources
- crossref openalex