‘Star Analysts’ May Drive Dramatic Stock Shifts
15. April 2016
So-called “star analysts” have great power over stock prices, a University of Mississippi professor and director of the Center for Innovation and Entrepreneurship has discovered. Their findings shed light on the importance of “star analysts.” These analysts’ opinions on certain investments can cause changes in valuations for stocks, and usually those opinions with the investing public outweigh the reputations of the CEOs running the companies being evaluated by the analysts.