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Keywords: implied return
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Journal Articles
Understanding the Determinants of Analyst Target Price Implied Returns
Available to Purchase
Journal:
The Accounting Review
The Accounting Review (2020) 95 (6): 125–149.
Published: 01 November 2020
...Patricia M. Dechow; Haifeng You ABSTRACT We investigate the determinants of analysts' target price implied returns and the implication of our findings for investment decision-making. We identify four broad sets of factors that help explain the cross-sectional variation in target price implied...
Includes: Supplementary data
