financial analysts

The Value of Analysts' Capital Expenditure Forecasts

Financial analysts are important information intermediaries in capital markets. Traditional research outputs of analysts, such as buy/sell recommendations and EPS forecasts, have been the mainstream focus of market participants. I ...

The Value of Analyst Reports
ZANG, Amy | LEHAVY, Reuven | HUANG, Allen | ZHENG, Rong

When a firm discloses important corporate information, analysts are usually right on their tail with reports about what was said. A new study has confirmed that these reports serve a valuable function for investors because they in ...