Many market participants believe that sell-side analysts are too optimistic in their recommendations to buy stocks, and

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Many market participants believe that sell-side analysts are too optimistic in their recommendations to buy stocks, and too slow to recommend sells. What factors might explain this bias?

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Business Analysis And Valuation Using Financial Statements Text And Cases

ISBN: 9780324118940

3rd Edition

Authors: Krishna G. Palepu, Paul M. Healy, Victor L Bernard

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