Analysis of Equity Valuation Models and Target Price Accuracy: An Evidence From Analyst Reports in Indonesia
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DOI: 10.1177/2158244020949507
Abstract: This study examines whether investment analysts (sell-side) in Indonesia tend to prefer cash-flow-based valuation models over the accrual-based valuation model, how the accuracy of valuation models are used, and whether the use of both valuation… read more here.
Keywords: equity; valuation model; valuation models; accuracy ... See more keywords