Using The Binomial Distribution To Analyze Analysts’ Opinions

Buys, holds, and sells: The distribution of investment banks’ stock ratings and the implications for the profitability of analysts’ recommendations. Journal of Accounting and Economics 41: 87-117. Barniv, R., O. Hope, M. Myring, and W. Thomas. 2009. Do analysts practice what they preach and should investors listen? Effects of recent ... ................
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