Use this URL to cite or link to this record in EThOS: http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.488446
Title: The relative informativeness of financial analysts' earnings forecasts and stock recommendations
Author: Constantinou, Constantina Philippou
Awarding Body: University of Manchester : University of Manchester
Current Institution: University of Manchester
Date of Award: 2000
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Abstract:
Analysts are a major source of information in equity markets. Therefore, their earnings forecasts and stock recommendations are likely to be important for understanding how equity markets work. Analysts' earnings forecasts arc generally, optimistic and their buy/hold/sell recommendations influence stock prices. However, whether (and how) they underreact or overreact to information Is not yet clear. The present thesis discusses tile underreaction/overreaction issues and examines the information contents of analysts' recommendations.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID: uk.bl.ethos.488446  DOI: Not available
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