The Usefulness of Analysts’ Target Prices to Foreign Institutional Investors: U.S. Evidence

This paper investigates whether foreign institutional investors in the United States earn future returns by responding to analysts target price revisions. to examine this issue, this study is using firm fixed effect and industry fixed effect regression in order to examine the effect of using analyst...

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Bibliographic Details
Main Authors: Ahmed Al-Dmour, Hala Zaidan, Abdulrahman Alnatour
Format: Article
Language:English
Published: University of Wollongong 2020-12-01
Series:Australasian Accounting, Business and Finance Journal
Subjects:
Online Access:https://ro.uow.edu.au/aabfj/vol14/ iss5/4