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Analysts React After American Express Rings Up Q4 EPS, Sales Miss
Friday, January 18, 2019 - 12:27pm | 638American Express Company (NYSE: AXP) reported Thursday with a fourth-quarter top-and-bottom-line miss. The credit card issuer guided to a better-than-expected revenue growth outlook for 2019, mostly due to a "reasonably strong" consumer. Here's how the Street reacted to...
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The Street Reacts To Home Depot's Q3 Beat
Wednesday, November 14, 2018 - 12:52pm | 685Do-it-yourself home improvement retailer Home Depot Inc (NYSE: HD) reported third-quarter results Tuesday morning its which came in better than expected while management lifted its full year sales and profit forecast. Here's how some of the Street's analysts reacted to the print. The...
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Philip Morris' Cigarette Business Remains Strong, Argus Says In Upgrade
Wednesday, July 25, 2018 - 12:11pm | 378Shares of cigarette maker Philip Morris International Inc. (NYSE: PM) have underperformed the broader market over the past year, but the stock is now trading at an attractive level, according to Argus. The Analyst Analyst David Coleman upgraded Philip Morris from Hold to Buy with a new $...
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SunTrust's Stock 'Disconnected From Strong Fundamentals,' Argus Says
Monday, July 2, 2018 - 2:06pm | 341Shares of SunTrust Banks, Inc. (NYSE: STI) have underperformed its regional bank peers over the past six months, but the recent stress test report makes it clear the stock is "disconnected from strong fundamentals," according to Argus. The Analyst Argus Research Company's Stephen...
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The Pullback In Twilio Creates A 'Favorable Entry Point,' Argus Says In Upgrade
Thursday, June 28, 2018 - 11:29am | 361Twilio Inc (NYSE: TWLO) is in the early stages of capitalizing on a tremendous market opportunity, so the recent pullback in the stock presents a "more favorable entry point," according to Argus. The Analyst Argus analyst Jim Kelleher upgraded Twilio from Hold to Buy with a new...
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Continued Strength In Medicaid Bodes Well For WellCare, Argus Says
Thursday, June 7, 2018 - 12:20pm | 370WellCare Health Plans, Inc. (NYSE: WCG), a managed care company, is well positioned to take advantage of favorable industry-wide conditions both domestic and international, according to Argus. The Analyst Argus Research's John Staszak initiated coverage of WellCare Health Plans with a Buy...
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Argus Turns Neutral On Arconic Amid 'Challenging Outlook'
Thursday, May 31, 2018 - 2:11pm | 382With Arconic Inc (NYSE: ARNC) shares down by around 40 percent since their peak of more than $30 per share in January, Argus dropped its bullish stance on the stock Thursday. The Analyst Argus analysts John Eade and Emily Sayles downgraded Arconic from Buy to Hold...
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Argus Likes Wolverine World Wide After 'Solid' Q1 Report
Wednesday, May 30, 2018 - 12:17pm | 341Wolverine World Wide, Inc. (NYSE: WWW) reported in early May its first-quarter results which turned Argus positive on the stock as the manufacturer of footwear and slippers should ramp its growth throughout 2018. The Analyst Argus Research's John Staszak upgraded Wolverine World Wide from...
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Argus Downgrades Adtran After 'Weak' Q1
Thursday, April 19, 2018 - 2:40pm | 426Telecom equipment provider ADTRAN, Inc. (NASDAQ: ADTN) issued a "weak" guidance first-quarter print Tuesday, according to Argus, prompting a downgrade from the research firm. The Analyst Argus analyst Jim Kelleher downgraded Adtran from Buy to Hold with no assigned price...
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Argus: Las Vegas Locals Will Drive Boyd Gaming Higher
Wednesday, January 17, 2018 - 11:19am | 428Boyd Gaming Corporation (NYSE: BYD) is an owner and operator of gaming entertainment properties in multiple states. The company's Las Vegas properties are mostly located away from the tourist Strip area, and this is a good thing, according to Wall Street's newest bull analyst. The Analyst...
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Betting On An Oil Rally? Argus Says To Look At HollyFrontier
Monday, November 20, 2017 - 6:02pm | 338If oil prices stabilize in 2018, investors may find themselves eyeing refinery companies. This potential move has HollyFrontier Corp (NYSE: HFC) on Argus Research's radar. The Analyst Argus Research Company's Bill Selesky upgraded HollyFrontier's stock rating from Hold...
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Harley-Davidson Hogging All The Market Share It Can
Friday, October 20, 2017 - 2:23pm | 300Despite pricing pressures and weak third-quarter results, Argus upgraded Harley-Davidson Inc (NYSE: HOG) from Hold to Buy with a price target of $53. The research firm said the company is gaining market share and strengthening its product mix. The company continues to reduce older motorcycle...
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Argus Has A Taste For United Natural Foods, Names The Stock A Buy
Monday, September 25, 2017 - 11:12am | 326Analysts 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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Argus Upgrades Palo Alto To Buy, Sets $227 Target
Wednesday, November 25, 2015 - 9:50am | 299Palo Alto Networks Inc (NYSE: PANW) shares having appreciated 49.33 percent year-to-date, reaching a high of $182.50 on November 24. Argus’ Joseph Bonner has upgraded the rating on the company to Buy, with a price target of $227. Apart from its superior technology, Bonner expects...
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Argus Upgrades Raytheon, Lifts Northrop Estimates
Thursday, November 12, 2015 - 11:27am | 586The share price of Raytheon Company (NYSE: RTN) has appreciated 10.99 percent over the past six months, while that of Northrop Grumman Corporation (NYSE: NOC) has appreciated 16.86 percent over the same time frame. Argus’ John Eade has upgraded the rating on Raytheon from Hold to Buy,...