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Financial Analysts' Forecasts and Stock Recommendations: A Review ... - Thus, it appears that analysts combine their long-term growth forecasts with the firm's P ..... They interpret their results as consistent with Miller's (1977) .... On the other hand, the market does not disproportionately reward value ...
eScholarship: How do Analyst Recommendations Respond to Major News? - by JS Conrad - 2004 - Cited by 34 - Related articles
Don't Get Burned By Earnings - Forbes.com - Apr 7, 2009 ... David Joy, chief market strategist and chairman of the Capital Markets ... Jeff Rubin: Earnings do matter, but only in the long term. ... Some sell-side analysts do good work. Others rely too heavily on company guidance. ... which has led many analysts left to interpret versus verifying certain ...
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How does the market interpret analysts' long-term growth forecasts? (Finance and economics discussion series)
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