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Keywords: Analyst ratings
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Journal Articles
Journal of Financial Regulation and Compliance (2019) 27 (1): 86–109.
Published: 11 January 2019
... with stronger analyst ratings and multiple initiations experience significantly larger abnormal returns than firms with unfavorable ratings and initiations from a single analyst or without initiations. Finally, the market seems to anticipate which EGCs will have initiations, and which EGCs will have initiations...

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