Analysts’ recommendations in Brazil: do they add value?

This paper examines the value of analysts’ recommendations in Brazilian Stock Market. We studied a sample of 294 weeks of recommendations make public by the best seller newspaper in Brazil with six different investment strategies and time horizons. The main conclusion is that it is possible to beat...

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Bibliographic Details
Main Author: Eid Júnior, William (author)
Other Authors: Rochman, Ricardo Ratner (author)
Format: article
Language:eng
Published: 2016
Subjects:
Online Access:http://hdl.handle.net/10438/15568
Country:Brazil
Oai:oai:bibliotecadigital.fgv.br:10438/15568