Mitigating the influence of analysts who issue aggressive stock price targets: the role of joint versus separate evaluation

• المؤلفون الرئيسيون: Chee, Vincent, Savani, Krishna, Tan, Seet‐Koh
• مؤلفون آخرون: Nanyang Business School
• التنسيق: مقال
• اللغة: English
• منشور في: 2022
• الموضوعات: Business::Accounting; Stock Price Targets; Investor Judgments; Financial Analysts; Joint Versus Separate Evaluation
• الوصول للمادة أونلاين: https://hdl.handle.net/10356/160922

Investors frequently rely on individual analysts’ stock price targets. Aggressive price targets often reflect analysts’ attempts to strategically influence investors. Therefore, investors’ welfare may be compromised if they take aggressive price targets at face value. In this study we examine cond...