Argus

Twitter Inc (NYSE: TWTR) investors enjoyed a big post-earnings pop last week, and shares are surging another 6.5 percent on Monday after the company disclosed that CEO Jack Dorsey purchased more than half a million shares of the stock. However, a surprise uptick in user numbers in the first quarter...

Argus analyst Katelyn Bayone believes shares of Eli Lilly and Co (NYSE: LLY) are fairly valued at around $81, which prompted her to downgrade the stock from Buy to Hold. According to Bayone, shares are trading near their 52-week high and also at a superior valuation versus its peers. In fact, the...

McDonald's Corporation (NYSE: MCD) won over a Wall Street analyst after its earnings report, as Argus' John Staszak upgraded the stock from Hold to Buy with a newly established $158 price target given the fast food chain's turnaround efforts and growth prospects. McDonald's 2017...

Verizon Communications Inc. (NYSE: VZ)'s status as being a premium-priced and higher-end "Tiffany network" is now being called into question after the company's first quarter earnings report. According to Argus' Joseph Bonner, Verizon's "weak" earnings report...

Pre-open movers U.S. stock futures traded slightly higher in early pre-market trade. Minneapolis Federal Reserve Bank President Neel Kashkari is set to speak in St. Paul, Minn. at 9:30 a.m. ET. The flash Composite PMI for April is schedule for release at 9:45 a.m. ET, while data on existing home...

John Eade of Argus upgraded shares of Fastenal Company (NASDAQ: FAST) from Hold to Buy with a $54 price target after patiently waiting on the sidelines for a good entry point. Eade commented in a research report Tuesday that Fastenal's first-quarter earnings report and its subsequent 10-percent...

The latest feud isn't pitting two Hollywood celebrates against each other, rather two high profiled tech executives. NVIDIA Corporation (NASDAQ: NVDA)'s CEO Jen-Hsuan Huang published a dual-purpose blog post: First, document the company's advances in artificial intelligence (AI), and second, refute...

Not all analysts are hunky dory about Tesla Inc (NASDAQ: TSLA). Even as Tesla recently received an upgrade from Piper Jaffray, one analyst is cautious about its spending spree, at least in the near to medium term. Argus said in a note released Tuesday it is concerned about Tesla's inconsistent...

AT&T Inc. (NYSE: T) announced it has entered into an agreement with the federal First Responder Network Authority (FirstNet) “to build and operate a dedicated national wireless broadband network for police, firefighters and emergency medical services,” Argus’ Joseph Bonner...

"Despite stiff competition, results at the Wynn Palace in Macau, which opened in August 2016, have shown consistent improvement, with occupancy and room rates both rising in the fourth quarter,” Argus’ John Staszak said in a note. The analyst upgraded the rating on Wynn Resorts,...

Nike Inc (NYSE: NKE) reported its fiscal 2017's third-quarter EPS ahead of expectations. The company’s revenue and EPS growth will likely decelerate over the next 12 months due to competition, Argus’s John Staszak said in a report. Citing elevated levels of international inventories and...

Although Snap Inc (NYSE: SNAP) is among the fastest-growing social media platforms, its daily active user growth has slowed due to stiff competition, Argus’s Jim Kelleher said in a report. While mentioning that the Street’s revenue estimates appeared aggressive, the analyst suggested...

In February, Bioverativ Inc (NASDAQ: BIVV) spun off from Biogen Inc (NASDAQ: BIIB) with two marketed products for the treatment of hemophilia. While expressing optimism regarding Bioverativ being able to establish itself as a “profitable, independent biotechnology company” that is...

Express Scripts Holding Company (NASDAQ: ESRX) reported robust fourth-quarter 2016 results. There are concerns, however, regarding Express Scripts’ customers wanting to lower prices at the time of contract renewal and the risk that the company’s largest customer Anthem Inc (NYSE: ANTM)...