Showing 1 - 10 of 48
This paper documents the tendency of mutual fund managers to follow analyst recommendation revisions when they trade stocks, and the impact of analyst revisioninduced mutual fund herds on stock prices. We find that mutual fund herds follow consensus revisions in analyst recommendations,...
Persistent link: https://www.econbiz.de/10010308663
Persistent link: https://www.econbiz.de/10012634942
Persistent link: https://www.econbiz.de/10003477354
Persistent link: https://www.econbiz.de/10003517194
Persistent link: https://www.econbiz.de/10009152325
This paper documents the tendency of mutual fund managers to follow analyst recommendation revisions when they trade stocks, and the impact of analyst revisioninduced mutual fund "herds" on stock prices. We find that mutual fund herds follow consensus revisions in analyst recommendations,...
Persistent link: https://www.econbiz.de/10009525971
Persistent link: https://www.econbiz.de/10010259868
Persistent link: https://www.econbiz.de/10010369796
Persistent link: https://www.econbiz.de/10010345174
Persistent link: https://www.econbiz.de/10011386151