Impact of Analysts Recommendation on Stock Price
Abstract: This paper examines the effect of analysts' recommendations on stock return and liquidity shock. The study covers a sample of large, medium and small-cap stocks traded on the Indian stock market in January 2019. The empirical evidence suggests a reversed outcome of analysts' recommendations on the stock market return over long term.
Keywords: Stock Recommendation, Arbitrage opportunity, Liquidity Shock, Return
How to Cite?: Piyush Sharma, "Impact of Analysts Recommendation on Stock Price", Volume 8 Issue 9, September 2019, International Journal of Science and Research (IJSR), Pages: 129-131, https://www.ijsr.net/getabstract.php?paperid=ART2020910, DOI: https://dx.doi.org/10.21275/ART2020910