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Analysis: Praxair Stock Could Still Gain Another 18%
Monday, November 13, 2017 - 12:12pm | 314Read More...Industrial gas supplier Praxair, Inc. (NYSE: PX) could be a beneficiary of an improvement in economic fundamentals. The Analyst Argus analyst Bill Selesky upgraded shares of Praxair from Hold to Buy and set a price target of $171, which represents 18 percent appreciation from current prices,...
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As Gilead's Outlook Dims, Argus Downgrades
Monday, November 13, 2017 - 11:15am | 554Read More...Biotech stocks are given to high volatility, given several risks confronting the sector, namely FDA decisions, clinical trial results, competitive pressure and drugs falling off patents. Gilead Sciences, Inc. (NASDAQ: GILD) — which has made a name for itself in the HIV and hepatitis C...
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Analyst: Paccar Shares Keep On Trucking, Despite Recent Outperformance
Monday, November 6, 2017 - 1:27pm | 338Read More...PACCAR Inc (NASDAQ: PCAR) shares, despite trading at a multiple above the five-year historical average, still offer room for further upside, Argus said in a Monday morning note. PACCAR outperformed over the past quarter, adding 6 percent compared to the S&P 500's 4 percent, said analyst John...
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Twitter, A Stock For The Highly Risk-Tolerant Investor
Friday, November 3, 2017 - 11:13am | 368Read More...Following an impressive third-quarter earnings report, Argus analyst Jim Kelleher upgraded Twitter Inc (NYSE: TWTR) from Hold to Buy. A combination of rising user engagement, earnings growth and 2018 revenue growth guidance are all reasons to like the stock, Keheller said in a Friday note. (...
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Amgen Downgraded After Top Products See Sales Slip In Q3
Wednesday, November 1, 2017 - 9:40am | 316Read More...Argus downgraded shares of Amgen, Inc. (NASDAQ: AMGN), citing concerns about the secular slowdown in the sales of the company's top three products — namely Enbrel, Neulasta and Aranesp — which together accounted for 55 percent of the total revenues. As such, the firm downgraded...
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The Microsoft Bull Run Isn't Over Yet
Tuesday, October 31, 2017 - 2:21pm | 365Read More...Argus said in a note on Tuesday Microsoft Corporation (NASDAQ: MSFT) shares, which have had a strong run already, have further to run. The firm said it thinks the shares could move even more upward, as the company's commercial and public cloud business propel growth. The firm upgraded shares of...
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Nokia Shares Are A Buy, Just Not Right Now
Monday, October 30, 2017 - 3:15pm | 436Read More...Things are looking hairy for a 2017 Nokia Oyj (ADR) (NYSE: NOK), but just give it a few years. “We continue to believe that 5G will be a major boon for Nokia, given its global reach, advanced RAN technology, and long-developed scale efficiencies,” Argus analyst Jim Kelleher wrote in a...
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Argus Embarks On Norwegian Cruise Lines With A Buy
Wednesday, October 25, 2017 - 11:40am | 388Read More...Argus initiated coverage of Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH) with a Buy and a $68 price target for the shares. Norwegian Cruise Lines, being smaller than the other cruise lines such as Royal Caribbean Cruises Ltd (NYSE: RCL) and Carnival Corp (NYSE: CCL), has...
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Not Everyone Jumping On The Netflix Bandwagon Ahead Of Q3 Earnings
Monday, October 9, 2017 - 12:24pm | 358Read More...Netflix, Inc. (NASDAQ: NFLX)'s ongoing strength has many investors jumping in on the Netflix bandwagon with at least one exception: Argus' Joseph Bonner. Bonner maintains a Hold rating on Netflix's stock heading into the company's earnings report next week as the company's recent price increase to...
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Microchip Technology Is Serving Fastest Growing Market In One Of The Hottest Sectors
Friday, October 6, 2017 - 9:11am | 482Read More...Argus issued a positive opinion on Microchip Technology Inc. (NASDAQ: MCHP), premised on the continued operating momentum, favorable valuation and its addressable market, which is growing faster than the overall semiconductor industry. As such, the firm initiated coverage of Microchip...
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When Bull Markets Die: What To Watch For, What Stocks Could Be The First To Get Hit
Monday, September 25, 2017 - 12:26pm | 984Read More...The current bull market is about 9 years old, having the honor of being the second longest since the end of World War II. While a bull market is one in which prices are expected to keep rising, technically, it is declared when asset prices rise over 20 percent from their lows. A bull market...
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Argus Has A Taste For United Natural Foods, Names The Stock A Buy
Monday, September 25, 2017 - 11:12am | 326Read More...Analysts at Argus Research Company turned bullish on United Natural Foods, Inc. (NASDAQ: UNFI) after the company "strengthened" its balance sheet and offered investors "solid" guidance for the full-year in its fourth-quarter earnings report. The firm's David Coleman upgrades United Natural Foods'...
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Brighthouse Financial: Near-Term Headwinds Abound For This MetLife Spinoff
Thursday, September 21, 2017 - 11:41am | 393Read More...Argus said in a note Thursday near-term headwinds abound for Brighthouse Financial Inc (NASDAQ: BHF), which was spun off from Metlife Inc (NYSE: MET) in August 2017. As such, Argus initiated coverage of Brighthouse with a Hold rating. The firm noted that the company's shares have...
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Biogen Spinoff Bioverativ Is A Buy
Wednesday, September 20, 2017 - 10:51am | 356Read More...Analysts at Argus Research turned bullish on Bioverativ Inc (NASDAQ: BIVV) as the company could establish itself as a profitable biotech within the hemophilia and blood disorders space. The firm's Jasper Hellweg upgraded Bioverativ's stock from Hold to Buy. Bioverativ was spun-off by Biogen...
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Intuit's Stock Is Still Enticing, Even After A Big 2-Year Run
Wednesday, September 20, 2017 - 10:00am | 348Read More...Argus said in a Wednesday note that Intuit Inc. (NASDAQ: INTU) shares continue to trade at attractive valuation despite a strong run the past two years. Accordingly, the firm initiated coverage of Intuit at Buy with a $165 price target. Analyst Jim Kelleher believes the rise of entrepreneurial...















