Several Studies Have Looked at the Effect of Analyst Recommendations

question 10

True/False

Several studies have looked at the effect of analyst recommendations on stock prices.These studies have concluded that the recommendations are not useful to investors interested in making excess returns.

---

Definitions:

Specific Goal

A clearly defined and measurable objective that one aims to achieve within a certain timeframe.

Main Topics

Refers to the primary subjects or areas of interest that are being discussed or emphasized in a document, lecture, or conversation.

Subtopics

More specific areas or issues that fall under a broader category or main topic.

Type Size

The measure of the height of characters in printing, typically expressed in points, influencing readability.