Mitigating the influence of analysts who issue aggressive stock price targets: the role of joint versus separate evaluation
Investors frequently rely on individual analysts’ stock price targets. Aggressive price targets often reflect analysts’ attempts to strategically influence investors. Therefore, investors’ welfare may be compromised if they take aggressive price targets at face value. In this study we examine cond...
Main Authors: | , , |
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Other Authors: | |
Format: | Journal Article |
Language: | English |
Published: |
2022
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Subjects: | |
Online Access: | https://hdl.handle.net/10356/160922 |