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The Pullback In Sanofi Is A Buying Opportunity, Says Argus
Friday, September 1, 2017 - 9:54am | 604Read More...Argus said in a note released Friday that the recent weakness in Sanofi SA (ADR) (NYSE: SNY) shares offers a buying opportunity. The firm noted that the company's shares fell 2.1 percent over the second quarter compared to a 1-percent increase in the MSCI EAFE Index. The firm has a Buy rating...
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GlaxoSmithKline Recent Pullback Delivers A Healthy Opportunity To Buy
Wednesday, August 30, 2017 - 9:55am | 371Read More...Argus said in a note on Wednesday that the recent weakness in GlaxoSmithKline plc (ADR) (NYSE: GSK) shares offers a buying opportunity. The firm noted that as against the 1 percent gain by the broader market, the company's shares have fallen 8 percent over the past quarter. As such, the firm...
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2 Stocks With Recent Pullbacks Argus Research Says Are Now A Buy
Monday, August 28, 2017 - 3:12pm | 547Read More...Analysts at Argus Research identified in a research report two stocks that could be attractive for investors after under-performing the market. Colfax Over the past quarter, shares of Colfax Corp (NYSE: CFX) have fallen 2.5 percent while the S&P 500 index gained 1.2 percent, Argus' John Eade...
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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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Argus Upgrades Vodafone After A Quarter That Delivered 6 Times The S&P 500's Performance
Monday, June 12, 2017 - 1:35pm | 524Read More...The international telecom company Vodafone Group Plc (ADR) (NASDAQ: VOD) received an upgrade from Argus after a quarter that outpaced the S&P 500 as a whole, an increased dividend and bullish projections for 2018. Vodafone has shifted from a single-minded mobile company to a wider business that...
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Investors May Have Just Found A Good Entry Point In Fastenal
Tuesday, April 18, 2017 - 2:49pm | 347Read More...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...
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Argus Crossing Over To A Hold Rating On Chicago Bridge & Iron
Friday, March 17, 2017 - 11:26am | 365Read More...John Eade of Argus downgraded Chicago Bridge & Iron Company N.V. (NYSE: CBI) to Hold from Buy after a bad fourth quarter EPS miss and energy sector weakness. “CBI has faced challenges from energy sector weakness over the last two years and is unlikely to see a sudden rebound in revenue or...
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Analyst Says Teva Is 'Plagued With Problems,' Downgrades On Challenging Outlook
Tuesday, February 28, 2017 - 10:06am | 312Read More...Shares of Teva Pharmaceutical Industries Ltd (ADR) (NYSE: TEVA) have lost 30 percent in the last six months and are currently trading close to 10-year lows. However, a turnaround in shares is unlikely until there are “signs of potential growth or a clearer strategy from the new management...
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Stuck In A Bearish Trend, Johnson Controls Shares Would Look More Attractive In The Mid-$30s
Tuesday, February 14, 2017 - 12:38pm | 319Read More...Argus downgraded Johnson Controls International plc Ordinary Share (NYSE: JCI) to Hold from Buy, saying that the company’s top-line growth is proving more challenging than initially expected. In this scenario, the brokerage would become constructive on the stock only in the mid-30s. “...
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Gannett's M&A Focus, Risk To Dividend And Weak Comps Lead Argus To Downgrade
Monday, February 13, 2017 - 3:13pm | 241Read More...Argus downgraded Gannett Co Inc (NYSE: GCI) to Hold as the brokerage is concerned with the newspaper company's declining margins and weak same-store sales. Argus also warned that Gannett operates in an industry facing secular decline, and its growth-by-acquisition strategy appears unsustainable...
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Recent Selloff In Automatic Data Processing Creates Buying Opportunity
Thursday, February 2, 2017 - 1:33pm | 326Read More...Shares of Automatic Data Processing (NASDAQ: ADP) fell 7 percent year-to-date and slipped 6 percent Wednesday after the company reported strong second quarter earnings results but cut revenue and bookings guidance. Argus sees this recent weakness as a buying opportunity. The bullish thesis of...
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Recent Weakness In Honeywell Shares Offers Buying Opportunity
Tuesday, January 31, 2017 - 10:46am | 295Read More...Although shares of Honeywell International Inc. (NYSE: HON) have underperformed the market and industry ETFs over the past year, the company’s “long-term record is sterling, with 5- and 10-year outperformance against the market and the industry, Argus’s John Eade said in a report...
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Recent Weakness In Lockheed Shares Offers Buying Opportunity
Friday, January 27, 2017 - 10:20am | 302Read More...Lockheed Martin Corporation (NYSE: LMT) shares have underperformed the market over the past quarter, appreciating 1 percent as compared to the 8 percent rise in the S&P 500. Argus’ John Eade maintains a Buy rating on the company, with a price target of $290. Favorable View The analyst...
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NY Times' Digital Sales Won't Make A Big Impact For At Least 4 Years
Thursday, December 29, 2016 - 10:37am | 407Read More...New York Times Co (NYSE: NYT)'s core business sector has been experiencing a secular decline, and although the company has been expanding its digital business, revenues from this segment are unlikely to contribute significantly to total revenue for at least four years, Argus’s John Eade said...
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Weakness In Paychex Shares Has Created Buying Opportunity
Friday, December 23, 2016 - 8:48am | 320Read More...Paychex, Inc. (NASDAQ: PAYX) reported 5 percent EPS growth for FQ2, in-line with the Street but below management’s full-year target. Paychex is a “well-managed company” and should continue to “benefit from core trends such as outsourcing,” Argus’s John Eade...
