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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Bibliographic Details
Main Authors: WANG, Rong, MADUREIRA, Leonardo, ZACH, Tzachi
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2013
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/5926
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6925/viewcontent/SSRN_id1961199.pdf
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Institution: Singapore Management University
Language: English