Buys, holds, and sells: The distribution of investment banks' stock ratings and the implications for the profitability of analysts' recommendations

Brad M. Barber, Reuven Lehavy, Maureen McNichols and Brett Trueman

Journal of Accounting and Economics, 2006, vol. 41, issue 1-2, pages 87-117

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Journal of Accounting and Economics is edited by J. L. Zimmerman, S. P. Kothari, T. Z. Lys and R. L. Watts

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