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Keywords: Recommendations
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Journal Articles
Analyst Recommendations Respond More Symmetrically to Major News After Regulation FD and the Global Settlement: A Replication and Extension of
Available to Purchase
Journal:
Critical Finance Review
Critical Finance Review (2022) 11 (3-4): 473–504.
Published: 10 August 2022
...Yu-An Chen; Dan Palmon This paper confirms Conrad et al.’s (2006) pre-2000 evidence that analysts are more likely to revise recommendations after major news and downgrade more often than upgrade their recommendations following major negative news. Regulation FD in 2000 and the Global...
