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Analyst: Nvidia's Sell-Off Was Overdone, Time To Establish Or Add To A Position
Monday, August 14, 2017 - 11:32am | 361Read More...NVIDIA Corporation (NASDAQ: NVDA) shares bounced 3.8 percent on Moday after a post-earnings sell-off took the stock significantly lower last week. According to Argus analyst Jim Kelleher, traders buying on the dip were making the right move. You wouldn’t know it by the way the stock reacted,...
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Kohl's Structural Pressures Are Not Abating
Friday, August 11, 2017 - 1:55pm | 854Read More...Following Kohl's Corporation (NYSE: KSS)'s second-quarter results, Argus and UBS said structural pressures the company faces are not abating. The firms noted that the retailer has been plagued by several years of lackluster performance amid several factors that challenge the industry and...
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Analyst Upgrades Tesla To Buy On Robust Model 3 Demand
Tuesday, August 8, 2017 - 9:57am | 462Read More...Sometimes it’s better to be late to the game than never show up at all. After Tesla Inc (NASDAQ: TSLA) shares have surged 73.5 percent so far in 2017, Argus analyst Bill Selesky stepped in Tuesday and said now is the time to buy the stock. According to Selesky, it’s Tesla’s robust...
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The Celgene Story Is Bigger Than Revlimid Now; Argus Upgrades
Monday, July 31, 2017 - 12:35pm | 355Read More...Argus upgraded Celgene Corporation (NASDAQ: CELG) Monday on the strength of a diversified drug portfolio and a “robust development pipeline” that’s expected to result in several drugs going under regulatory review later this year. The biopharma company saw strong sales of its...
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Analysts Split On CSX's Outlook Post Q2 Earnings
Thursday, July 20, 2017 - 2:32pm | 608Read More...What impact will the death of fossil fuels have on CSX Corporation (NASDAQ: CSX)? CSX's CEO Hunter Harrison said during the company's second-quarter conference call that "fossil fuels are dead" — which implies the company won't invest in new coal-related assets, Loop Capital Markets' Rick...
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US Bancorp Shares Up Nearly 25% In The Past Year; Argus Upgrades, Barclays Harps On Operating Leverage
Thursday, July 20, 2017 - 10:25am | 596Read More...Argus upgraded shares of U.S. Bancorp (NYSE: USB), as it continues to deliver best-in-class returns on equity and assets, strong efficiency metrics, solid mid-single-digit loan growth and earnings consistency. Meanwhile, reviewing the second-quarter results, Barclays said the company needs...
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Skyworks Under $100; Is It Time To Buy?
Thursday, July 6, 2017 - 2:22pm | 354Read More...Skyworks Solutions Inc (NASDAQ: SWKS) stock is rallying, although it is still below the $100 threshold it crossed on June 27. A sell-side opinion issued Thursday suggested it may be time to buy the stock at current levels. Argus initiated coverage of this semiconductor company with a Buy rating...
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Planes, Trains And Automobiles: Expedia To Benefit From Growth In All The Above
Wednesday, July 5, 2017 - 3:44pm | 368Read More...Argus analyst John Staszak initiated coverage of Expedia Inc (NASDAQ: EXPE) with a Buy rating and $178 price target. Expedia shares were trading around $150 mid-day Wednesday. “We expect Expedia to benefit from growth in online travel bookings for air, rail, cruise, hotel, rental car and...
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Why Oracle Expects 2018 To Be The Cloud Sales 'Tipping Point'
Friday, June 23, 2017 - 9:40am | 435Read More...Argus analyst Joseph Bonner upgraded Oracle Corporation (NYSE: ORCL) to Buy with a $61 price target following strong fourth-quarter 2017 earning results Wednesday. The company’s non-GAAP diluted EPS rose 10 percent year-over-year to $0.89 and revenue rose 3 percent to $10.95 billion, both...
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If Colgate's Looking To Sell Itself, Would Berkshire Be Looking To Buy?
Thursday, June 22, 2017 - 3:38pm | 731Read More...Ever since the New York Post reported in mid-May that Colgate-Palmolive Company (NYSE: CL) had admitted to being open to the prospect of selling itself, one legendary investor has repeatedly been mentioned in conjectural conversations - Warren Buffett. Colgate CEO Ian Cook reportedly indicated he...
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AvalonBay Viewed Favorably Amid Big Opportunity In A Market With High Barriers To Entry
Thursday, June 22, 2017 - 1:48pm | 410Read More...Analysts at Argus initiated coverage of AvalonBay Communities Inc (NYSE: AVB), a real estate investment trust that focuses on multifamily communities primarily in New England, with a Buy rating and $220 price target. One of the most favorable aspects to AvalonBay's business is the company's strong...
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Is It Time For Investors To Board Southwest Airlines?
Thursday, June 22, 2017 - 11:00am | 334Read More...Suggesting it might be time for investors to board Southwest Airlines Co (NYSE: LUV), Argus upgraded the shares of the company. The firm predicated its view on the company continuing to develop strategies that deliver growth. Commendable Growth Strategies Analyst David Coleman noted the...
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Improving Fundamentals, Bottom Line Stability Among The Reasons For ONEOK Upgrade
Wednesday, June 21, 2017 - 9:32am | 340Read More...Analysts at Argus turned bullish on ONEOK, Inc. (NYSE: OKE), a master limited partnership that engages in the gathering, processing, storage and transportation of natural gas in the U.S., despite a 17 percent decline since the start of 2017. Argus' David Coleman upgraded Oneok's stock from...
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'Blame It On The Rain': Argus Downgrades Cheesecake Factory On Weak Comps From Weather Woes
Tuesday, June 20, 2017 - 10:12am | 385Read More...Disappointed and unimpressed with Cheesecake Factory’s Inc (NASDAQ: CAKE) recent announcements, Argus analyst John Staszak has downgraded the restaurant company from Buy to Hold. “We are disappointed that the revised guidance comes just six weeks after quarterly guidance was issued and...
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Argus Makes A Play Date With Hasbro, Initiates At Buy
Friday, June 16, 2017 - 11:13am | 389Read More...Analysts at Argus initiated coverage of toymaker Hasbro, Inc. (NASDAQ: HAS) on Friday with a Buy rating and $128 price target. Hasbro's stock has benefited from six consecutive quarters of encouraging results, partly due to the company's strong product development efforts, Argus' John Staszak noted...















