Faithin Omaha eBook Collection

While a large literature has examined analysts' earnings forecasts or stock recommendations in isolation, there is little research on the effectiveness with whi

Sell-side analysts summarize their opinions about stocks with earnings forecasts and stock recommendations. Because earnings forecasts reflect future fundamenta

From 1994 to 1998, Bradshaw (2004) finds that analysts' stock recommendations relate negatively to residual income valuation estimates but positively to valuati

In this volume, specialists from traditionally separate areas in economics and finance investigate issues at the conjunction of their fields. They argue that fi

Little attention has been paid to a principal decision context in which analysts' earnings forecasts are prepared, namely, as an input to their recommendations.