Information Role of Analysts' Target Prices: Event and Intra-Day Analysis
I have documented that target prices subsumed in downgrade recommendations are the most informative while target prices in coverage reiteration are the least informative. The First Call database enables me to extend the analysis to an intraday frequency. Conducting event studies using high frequency...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2009
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| Online Access: | https://ink.library.smu.edu.sg/etd_coll/21 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1020&context=etd_coll |
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| Institution: | Singapore Management University |
| Language: | English |
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