Learning, Portfolio Complexity and Informational Asymmetry in Forecasts of Sell-Side Analysts
The aim of this study was to analyze the association of learning and complexity in the target price forecasts and sell-side analysts’ recommendations on the BM&FBovespa. The sample comprised forecasts of 195 stocks, 75 brokers and 569 analysts between 2005 and 2013, analyzed by linear models...
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| Formato: | Artículo |
| Lenguaje: | English |
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FUCAPE Business School
2017-01-01
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| Colección: | BBR: Brazilian Business Review |
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| Acceso en línea: | http://www.redalyc.org/articulo.oa?id=123050102001 |