What are analysts really good at?
Sell-side analysts employ different benchmarks when defining their stock recommendations. For example, a ‘buy’ for some brokers means the stock is expected to outperform its peers in the same sector (“industry benchmarkers”), while for other brokers it means the stock is expected to outperform the m...
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Main Authors: | , , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2013
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5236 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6235/viewcontent/SSRN_id1961199.pdf |
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Institution: | Singapore Management University |
Language: | English |
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