TY - JOUR T1 - An Analysis of Analysts' Projected Gains JF - The Journal of Investing SP - 47 LP - 54 DO - 10.3905/joi.2008.707217 VL - 17 IS - 2 AU - Jin-Gil Jeong AU - Youngho Lee AU - Sandip Mukherji Y1 - 2008/05/31 UR - https://pm-research.com/content/17/2/47.abstract N2 - The authors find that analysts favor value stocks and prefer low-momentum stocks with high-growth prospects, which have been shown to provide excess returns in conjunction with value strategies. The results suggest that accusing sell-side analysts of chasing price momentum and pushing growth stocks amounts to selling them short.TOPICS: Performance measurement, security analysis and valuation, exchanges/markets/clearinghouses ER -