What drives the value of financial analysts’ advice? The role of earnings and growth forecasts
We offer a parsimonious index at the individual analyst level to measure the extent to which an analyst relies on earnings and long-term growth forecasts in producing her advice. Using this index, we evaluate the contribution of earnings and growth forecasts to the investment value of analysts’ stoc...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2023
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/7126 https://ink.library.smu.edu.sg/context/lkcsb_research/article/8125/viewcontent/Analyst_sep5_2023.pdf |
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| Institution: | Singapore Management University |
| Language: | English |