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Financial Analyst Recommendation Driven Funds: A Risk Adjusted Measure Analysis

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Asset Pricing, Real Estate and Public Finance over the Crisis

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Abstract

Financial analysts are important information intermediaries in the capital markets. They gather and evaluate information from public and private sources, generate forecasts on companies’ earnings and future prospects, and make recommendations that lead to buying or selling of the companies’ securities by investors. So they provide valuable research to investors and facilitate optimal capital allocation. Indeed financial analyst research aims at forecasting future earnings, stock price (target price) and giving a recommendation of buying or selling for any given company. This information seems to be relevant, especially for unsophisticated investors who may incorporate it to drive their investment decisions.

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Authors
  1. Giuseppe Galloppo
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Editor information

Editors and Affiliations

  1. University of Rome ‘Tor Vergata’, Italy

    Alessandro Carretta (Full professor of Financial Markets and Institutions and Director, PhD programme in Banking and Finance) & Gianluca Mattarocci (Lecturer of Financial Markets and Institutions) (Full professor of Financial Markets and Institutions and Director, PhD programme in Banking and Finance) &  (Lecturer of Financial Markets and Institutions)

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© 2013 Giuseppe Galloppo

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Galloppo, G. (2013). Financial Analyst Recommendation Driven Funds: A Risk Adjusted Measure Analysis. In: Carretta, A., Mattarocci, G. (eds) Asset Pricing, Real Estate and Public Finance over the Crisis. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9781137293770_5

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