Do Analysts Cater to Investor Beliefs via Target Prices?
碩士 === 國立中正大學 === 財務金融所 === 98 === This paper first described the existence of analyst target price bias. Among 8,256 analyst-company observations across five years, we found that only 51% of analysts’ targets were met sometime during the relevant period, and 26% were met at the end of the period. A...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2010
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| Online Access: | http://ndltd.ncl.edu.tw/handle/22763471076410336711 |