Cervellati, Enrico Maria; Ferretti, Riccardo; … - Dipartimento di Economia "Marco Biagi", Università … - 2011
pressure to analyze the market reaction to the dissemination of analysts’ recommendations through the press. This perspective … information and analysts’ recommendations on listed companies. In doing so, we find an asymmetric price and volume reaction … price (volume) increase associated with positive recommendations. Because the weekly columns simply attract the attention of …