..., there is no evidence of a large-scale ID anonymization for the annual and quarterly EPS forecasts for U.S. firms. Second, the anonymization predominantly affects the forecasts of non-U.S. firms. A significant percentage of forecasts for non-U.S. firms have been anonymized since January 2017 (at least one year earlier...

...Kristian D. Allee; Devon Erickson; Adam M. Esplin; Stephannie A. Larocque ABSTRACT We provide new evidence on individual analysts' differential abilities to forecast firm value. We find that independent analysts' target prices perform well in predicting future price relative to investment-bank...