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Pilgrim's Pride Set For Growth As Analyst Projects Rising Demand For Chicken
Tuesday, June 18, 2024 - 12:56pm | 292Shares of Pilgrim's Pride Corp (NASDAQ:PPC) remained highly volatile in early trading on Tuesday. The company is facing high demand for chicken from both full-service restaurants and fast-food chains due to beef shortages, according to Argus Research. The Pilgrim's Pride Analyst: John Staszak...
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Argus Downgrades Airlines Stocks On Deteriorating Outlook
Wednesday, March 11, 2020 - 1:09pm | 304Demand for air travel has plummeted due to the coronavirus pandemic and is unlikely to recover while the virus remains a threat, according to Argus. The Analyst John Staszak downgraded United Airlines Holdings Inc (NASDAQ: UAL) and Delta Air Lines, Inc. (NYSE: DAL) from Buy to Hold. The Thesis All...
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Darden Restaurants Analyst Downgrades Olive Garden Owner On Softening Trends
Friday, December 27, 2019 - 12:58pm | 379Restaurant operator Darden Restaurants, Inc. (NYSE: DRI) continues to benefit from "significant" economies of scale and buying power, but a projection of softer customer traffic, weaker comps and cost pressures has led Argus to drop its bullish stance. The Darden...
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Was Domino's Q2 Fresh Or Stale? Analysts Debate
Wednesday, July 17, 2019 - 3:24pm | 529Domino's Pizza, Inc. (NYSE: DPZ) fell more than 7% Tuesday after reporting second-quarter results, highlighted by a miss on U.S. same-store sales. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's John Glass maintains an...
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Clorox Analyst Points To Increased Competition In Downgrade
Monday, May 20, 2019 - 4:06pm | 368After reporting a third-quarter earnings and sales miss May 1, Clorox Co (NYSE: CLX) has been downgraded by a notable analyst. The Analyst Argus analyst John Staszak downgraded Clorox from Buy to Hold. The Thesis After seeing 4-percent sales growth in the first and second...
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Argus Says Chipotle Can Regain Its 'Formerly Strong Brand'
Thursday, March 21, 2019 - 9:25am | 340Chipotle Mexican Grill, Inc. (NYSE: CMG) could regain its "formerly strong brand" image it held before multiple food-safety related scandals, Argus said in a research report. The Analyst Argus' John Staszak maintains a Buy rating on Chipotle with a price target lifted from $670 to $...
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Fresh And Clean: Argus Upgrades Clorox On Innovative Growth
Tuesday, September 25, 2018 - 3:05pm | 365Based on cost efficient operations, strong market share and revenue boosting efforts, one analyst upgraded Clorox Co. (NYSE: CLX). The Analyst Argus analyst John Staszak upgraded Clorox from Hold to Buy and set a price target of $175. The Thesis Clorox has produced positive earnings per...
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Southwest Airlines Has 21% Upside Potential, Argus Says In Upgrade
Friday, September 7, 2018 - 2:38pm | 418Southwest Airlines Co (NYSE: LUV) reported forecast-beating second-quarter results July 26, and an Argus analyst said Friday that the airline's fortunes will only improve from here. The Analyst Analyst John Staszak upgraded Southwest Airlines from Hold to Buy and set a price target of $73...
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Argus Upgrades Lululemon On Multiple Growth Levers
Thursday, August 16, 2018 - 1:25pm | 331Lululemon Athletica inc. (NASDAQ: LULU) got some love from one Wall Street analyst who said the company’s growth outlook is among the best in the entire retail industry. The Analyst Argus analyst John Staszak upgraded Lululemon from Hold to Buy and set a $150 price target for the stock. The...
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Argus: Carnival's Near-Term Outlook Is Weak
Friday, July 6, 2018 - 11:59am | 346The near-term doesn't hold out much promise for Carnival Corp (NYSE: CCL), according to an analyst at Argus. The Analyst John Staszak downgraded shares of Carnival from Buy to Hold. The Thesis Carnival is in for a turbulent near-term due to the challenges posed by "difficult prior-year...
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Argus Downgrades Southwest Airlines On Lower Demand Following April's Engine Failure
Friday, June 15, 2018 - 12:52pm | 272Argus Capital Markets analyst John Staszak on Friday downgraded Southwest Airlines Co (NYSE: LUV) from Buy to Hold. The Thesis The analyst believes Southwest is well-managed and financially strong, but that shares are fairly valued at its current price. The low-cost airline is focused on the...
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International Flavors & Fragrances May Be Overspending On M&A, Argus Says In Downgrade
Friday, June 8, 2018 - 11:50am | 340The lofty price paid by International Flavors & Fragrances Inc (NYSE: IFF) in a recent acquisition prompted an Argus analyst to move to the sidelines. The Analyst Analyst John Staszak downgraded shares of International Flavors & Fragrances from Buy to Hold. The Thesis The...
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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 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 Expects Old Dominion To Ride On Strong Fundamentals, Spillover Effect
Wednesday, May 23, 2018 - 10:02am | 349Old Dominion Freight Line (NASDAQ: ODFL) notched a bullish initiation from Argus Wednesday, with an analyst naming three key reasons for the positive stance. The Analyst Argus analyst John Staszak initiated coverage of Old Dominion with a Buy rating and $175 price...