The Risk in Value

When and How Are Analysts' Price Targets and Recommendations Useful?

HA Mozes, JR Minahan, RM Ennis… - The Journal of …, 2023 - pm-research.com
The Journal of Investing (JOI) is a scholarly journal for the financial services industry,
appealing to both the academic and practitioner audiences. The JOI offers practical analysis …
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Investing Following Bad News: Worse Is Better

HA Mozes - The Journal of Wealth Management, 2023 - pm-research.com
This article demonstrates four principal results. First, returns from an investing strategy
based on prior news are driven by future news that reinforces the prior news. This result …
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