Wall Street Analysts - Persistently Overoptimistic?

Wall Street’s Sky-High Expectations Are About to Collide with Reality

https://www.nytimes.com/2019/10/14/business/stock-market-earnings-season.html

Related Research:
http://www.columbia.edu/~hh2679/analysts-Jf.pdf

https://www.jstor.org/stable/pdf/4480122.pdf