Argus

It was a huge year for bitcoin and other cryptocurrency investors in 2017, and the Bitcoin Investment Trust (OTC: GBTC) has come out of the gates hot in 2018 as well. While cryptocurrency remains one of the most controversial topics on Wall Street, bitcoin bulls see plenty of upside remaining. 3...

Darden Restaurants, Inc. (NYSE: DRI) beat consensus estimates Dec. 19 with its second-quarter EPS of 73 cents and sales of $1.88 billion. The Analyst Argus' John Staszak upgraded Darden Restaurants from Hold to Buy with a price target of $108. The Thesis Darden's initiatives...

Walt Disney Co (NYSE: DIS) reached an agreement to acquire Twenty-First Century Fox Inc (NASDAQ: FOXA)'s movie and TV studios, most of its cable networks and international assets for $52.4 billion. Here's how some of Wall Street's most notable entertainment and media analysts are...

Close on heels of the Thursday release of Jabil Inc (NYSE: JBL)'s fiscal first quarter results, an Argus analyst is expressing optimism about the electronic manufacturing services, or EMS, company. The Analyst Argus analyst Jim Kelleher upgraded shares of Jabil Circuit from Hold to Buy with...

With "dad shoes" dominating the fashion world, could the quintessential dad shoe brand — Skechers USA Inc (NYSE: SKX) — be poised for a big 2018? Skechers is known for latching onto current styles to its benefit. Luckily for Skechers, the next big look has come to them...

Nike Inc (NYSE: NKE)'s turnaround efforts may be starting to take hold. Shares have rallied 15 percent over the past month and the company is receiving a notable upgrade heading into its second-quarter report, which is scheduled for a Dec. 21 release.  The Analyst John Staszak of Argus...

Medtronic PLC (NYSE: MDT) is poised for better opportunities ahead after a long period of underperformance, Argus said in a Tuesday note. The firm noted that shares of Medtronic have underperformed the broader market over the past three months, adding 1.9 percent compared to the S&P 500's 6...

Thor Industries, Inc. (NYSE: THO)'s status as a leader in the recreational vehicles market, the case for buying the stock has come to an end, according to at least one Wall Street analyst. The Analyst Argus' Jim Kelleher downgraded Thor's stock from Buy to Hold. The Thesis Thor...

Perrigo Company plc Ordinary Shares (NYSE: PRGO)'s business has faced multiple pressures, including industry-wide price erosion, a legal battle for possible collusion in generic drug pricing along with a management transition. At the same time, some analysts see the bullish case for owning the...

Shares of Allergan plc Ordinary Shares (NYSE: AGN) continue trading near their multi year low of $160.07, with many investors concerned with a competitive environment that will intensify in the coming years. The Analyst Argus' David Toung downgraded Allergan's stock rating from Buy to...

Mattel, Inc. (NASDAQ: MAT) rules the island of misfit toymakers. Amid the Toys R Us bankruptcy and a massive third-quarter sales miss, the manufacturer trades down 34.3 percent year-to-date, redeemed only by recent reports of Hasbro, Inc. (NASDAQ: HAS)’s takeover bid. Despite Mattel’s...

The grocery store landscape is rapidly changing and companies like Kellogg Company (NYSE: K) that are exposed to the "middle aisles" are falling out of favor among some analysts. The Analyst Argus Research Company's David Coleman upgraded Kellogg's stock rating from Hold to Buy...

Tyson Foods, Inc. (NYSE: TSN) reported its fiscal fourth quarter earnings this week. The food producer more than expected, partly due to lower costs. The Analyst Argus' John Staszak upgraded Tyson's stock rating from Hold to Buy with a $90 price target. The Thesis Tyson's...

Cardinal Health Inc (NYSE: CAH) is seeing continued margin contraction at its Pharma Distribution segment. An analyst at Argus thinks this trend would continue, pressuring the stock. The Analyst & The Rating Argus analyst David Toung downgraded his rating on shares from Buy to Hold. The...