Equity analysts' recommendation changes and stock price effects
Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
In this thesis the behaviour of stock prices before, during and after recommendation changes by equity analysts are studied. The main purpose of the study is to examine whether equity analysts’ recommendations provide useful information to the market. Moreover, price patterns before the recommendation changes are studied to explain the factors that might prompt the analyst to revise his/her recommendation. Finally, the connection between equity analyst ranking and the effect on stock prices is examined.
Place, publisher, year, edition, pages
IdentifiersURN: urn:nbn:se:su:diva-3442OAI: oai:DiVA.org:su-3442DiVA: diva2:192735