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Abnormal Returns And Analysts' Earnings Forecast Revisions Associated With The Publication Of “Stock Highlights” By Value Line Investment Survey

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  • David R. Peterson
  • Pamela P. Peterson

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  • David R. Peterson & Pamela P. Peterson, 1995. "Abnormal Returns And Analysts' Earnings Forecast Revisions Associated With The Publication Of “Stock Highlights” By Value Line Investment Survey," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 18(4), pages 465-477, December.
    • Handle: RePEc:bla:jfnres:v:18:y:1995:i:4:p:465-477
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1995.tb00578.x
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    References listed on IDEAS

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    1. Bjerring, James H & Lakonishok, Josef & Vermaelen, Theo, 1983. "Stock Prices and Financial Analysts' Recommendations," Journal of Finance, American Finance Association, vol. 38(1), pages 187-204, March.
    2. Stickel, Scott E., 1985. "The effect of value line investment survey rank changes on common stock prices," Journal of Financial Economics, Elsevier, vol. 14(1), pages 121-143, March.
    3. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
    4. Stickel, Se, 1990. "Predicting Individual Analyst Earnings Forecasts," Journal of Accounting Research, Wiley Blackwell, vol. 28(2), pages 409-417.
    5. Holloway, Clark, 1983. "Testing an Aggressive Investment Strategy Using Value Line Ranks: A Reply," Journal of Finance, American Finance Association, vol. 38(1), pages 263-270, March.
    6. Abarbanell, Jeffrey S & Bernard, Victor L, 1992. "Tests of Analysts' Overreaction/Underreaction to Earnings Information as an Explanation for Anomalous Stock Price Behavior," Journal of Finance, American Finance Association, vol. 47(3), pages 1181-1207, July.
    7. Peterson, David R., 1987. "Security Price Reactions to Initial Reviews of Common Stock by the Value Line Investment Survey," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 22(4), pages 483-494, December.
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    Cited by:

    1. Mohamed El Hedi Arouri & Aldo Lévy & Duc Khuong Nguyen, 2010. "ROE and Value Creation under IAS/IFRS: Evidence of Discordance from French Firms," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2010(3), pages 84-112.
    2. Ryan Flugum, 2021. "The trend is an analyst's friend: Analyst recommendations and market technicals," The Financial Review, Eastern Finance Association, vol. 56(2), pages 301-330, May.

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