Details about Reuven Lehavy

Access statistics for papers by Reuven Lehavy.

Last updated 2026-08-10. Update your information in the RePEc Author Service.

Short-id: ple1352

Working Papers

2025

1. Takeover Restrictions, Informational Externalities, and Analyst Coverage of Peer Firms
   HEC Research Papers Series, HEC Paris

2001

2. Prophets and Losses: Reassessing the Returns to Analysts' Stock Recommendations
   Research Papers, Stanford University, Graduate School of Business View citations (3)

Journal Articles

2025

1. New product announcements, innovation disclosure, and future firm performance
   Review of Accounting Studies, 2025, 30, (1), 352-383 View citations (1)

2024

2. The managerial perception of uncertainty and cost elasticity
   Journal of Accounting and Economics, 2024, 77, (1) View citations (7)

2019

3. A contextual analysis of the impact of managerial expectations on asymmetric cost behavior
   Review of Accounting Studies, 2019, 24, (2), 665-693 View citations (25)

2018

4. Analyst Information Discovery and Interpretation Roles: A Topic Modeling Approach
   Management Science, 2018, 64, (6), 2833-2855 View citations (157)
5. Overnight Returns and Firm-Specific Investor Sentiment
   Journal of Financial and Quantitative Analysis, 2018, 53, (2), 485-505 View citations (95)

2013

6. The earnings announcement premium around the globe
   Journal of Financial Economics, 2013, 108, (1), 118-138 View citations (54)

2010

7. Ratings Changes, Ratings Levels, and the Predictive Value of Analysts’ Recommendations
   Financial Management, 2010, 39, (2), 533-553 View citations (44)

2008

8. Investor recognition and stock returns
   Review of Accounting Studies, 2008, 13, (2), 327-361 View citations (8)

2007

9. Comparing the stock recommendation performance of investment banks and independent research firms
   Journal of Financial Economics, 2007, 85, (2), 490-517 View citations (122)

2006

10. Buys, holds, and sells: The distribution of investment banks' stock ratings and the implications for the profitability of analysts' recommendations
    Journal of Accounting and Economics, 2006, 41, (1-2), 87-117 View citations (104)

2003

11. An Empirical Analysis of Analysts' Target Prices: Short‐term Informativeness and Long‐term Dynamics
    Journal of Finance, 2003, 58, (5), 1933-1967 View citations (57)
12. Biased forecasts or biased earnings? The role of reported earnings in explaining apparent bias and over/underreaction in analysts' earnings forecasts
    Journal of Accounting and Economics, 2003, 36, (1-3), 105-146 View citations (124)
13. Can Stock Recommendations Predict Earnings Management and Analysts’ Earnings Forecast Errors?
    Journal of Accounting Research, 2003, 41, (1), 1-31 View citations (58)

2001

14. Can Investors Profit from the Prophets? Security Analyst Recommendations and Stock Returns
    Journal of Finance, 2001, 56, (2), 531-563 View citations (372)