... (e.g., Barber, Lehavy, and Trueman 2007 ). analysts independent research target prices valuation forecasts long-term growth 2022 1 9 2019 1 9 2019 Editor's note: Accepted by Alan D. Jagolinzer. Kristian D. Allee, University of Arkansas, Walton College...

... 2000 to 2012 and find that relative to firms that issue only short-term earnings guidance, those that also issue long-term guidance are larger, have more certain operating environments, and are followed by analysts who are more likely to issue long-term growth forecasts. Long-term guidance...