How Do Analyst Recommendations Respond to Major News?

By Jennifer S. Conrad, Bradford Cornell, Wayne R. Landsman, Brian R. Rountree. Journal of Financial and Quantitative Analysis, 2004

134 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/ed0d7d73103c984ad8be5d75f6591c7ce909749f

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Oya Altinkiliç
2. Robert S. Hansen
3. Ulrike Malmendier
4. Devin M. Shanthikumar
5. Clemens A. Otto
6. Dorota Skała
7. Geoffrey A. Tate
8. Ilya A. Strebulaev

In Finance

1. Oya Altinkiliç
2. Ulrike Malmendier
3. Robert S. Hansen
4. Devin M. Shanthikumar
5. Clemens A. Otto
6. Dorota Skała
7. Geoffrey A. Tate
8. N. Travlos

Citations in the corpus

• On the Information Role of Stock Recommendation Revisions (2009, background): “Third, over a third of the revisions are contrary to the measured returns (see Conrad et al., 2006).”
• Are Small Investors Naive About Incentives (2007, background): “Third, we ask whether the cost of information can explain the difference in small and large traders’ responses to affiliation.”