-
Analyst Likes Chipotle's New CEO, Upgrades Stock To Buy
Wednesday, May 16, 2018 - 8:41am | 390Casual fast-food restaurant chain Chipotle Mexican Grill, Inc. (NYSE: CMG), under the leadership of a new executive team led by CEO Brian Niccol, remains on track for a multi-year long recovery, according to Argus. The Analyst Argus' John Staszak upgraded Chipotle from Hold to Buy with a...
-
Argus Cites Disappointing Organic Growth In Procter & Gamble Downgrade
Friday, April 20, 2018 - 10:09am | 463Procter & Gamble Co (NYSE: PG) reported fiscal third-quarter earnings Thursday that exceeded the Street's expectations but also reaffirmed disappointing organic growth rates, according to Argus. The Analyst Argus' John Staszak downgraded Procter & Gamble's stock rating from...
-
Argus Expects Solid Returns From Insurer Chubb, But Says Shares Are Fairly Valued
Friday, April 6, 2018 - 3:29pm | 346Specialty insurer and reinsurer Chubb Ltd (NYSE: CB), formed from ACE Ltd.'s acquisition of Chubb Corp. in January 2016, is poised to generate solid returns over time, thanks to a "strong management team, healthy balance sheet and strong brand," according to Argus. The...
-
Keep On Truckin': Argus Expects JB Hunt To Gain Market Share
Tuesday, March 20, 2018 - 1:03pm | 425J B Hunt Transport Services Inc (NASDAQ: JBHT), a transport services company that offers freight solutions across the U.S., Canada and Mexico, spent the better part of the past decade adapting its business to changes in customer demand, something Wall Street's newest bull analyst appreciates....
-
NutriSystem Hit With Downgrade On 'Weaker Near-Term Growth Prospects'
Tuesday, March 20, 2018 - 9:28am | 321NutriSystem Inc. (NASDAQ: NTRI) announced below-consensus fourth-quarter earnings per share on Feb. 26 and also issued downbeat earnings and revenue forecasts for 2018. The Analyst Argus analyst John Staszak downgraded NutriSystem from Buy to Hold. The Thesis This year is likely to be one of...
-
Argus: Booking Holdings Has 20% Upside Potential
Thursday, March 8, 2018 - 10:50am | 356Booking Holdings Inc. (NASDAQ: BKNG), formerly Priceline.com, is likely to maintain its position as the leading online travel agency through continued investments in marketing and advertising, an analyst at Argus said. The Analyst Argus analyst John Staszak upgraded shares of Booking Holdings...
-
Domino's Pizza Gains Another Bull: Argus Upgrades To Buy
Wednesday, March 7, 2018 - 10:39am | 393Domino's Pizza, Inc. (NYSE: DPZ)'s stock was upgraded by Baird Tuesday, and another sell-side firm turned bullish on the pizza chain Wednesday. The Analyst Argus' John Staszak upgraded Domino's Pizza's stock rating from Hold to Buy and set a $260 price target....
-
With Obstacles To Growth In Sight, Argus Downgrades Clorox
Thursday, February 8, 2018 - 11:22am | 388Margin pressures and private-label competition could impede growth at Clorox Co (NYSE: CLX), according to Argus. The Analyst Argus analyst John Staszak downgraded shares of Clorox from Buy to Hold. The Thesis Clorox could see weak organic growth despite benefiting from low-cost...
-
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...
-
Competitive Headwinds Could Leave Hawaiian Holdings Grounded; Argus Downgrades
Thursday, January 11, 2018 - 12:53pm | 376Regional airline Hawaiian Holdings, Inc. (NASDAQ: HA) could have its hands full in warding off competitive threats from national carriers, according to Argus. The Analyst Argus analyst John Staszak downgraded shares of Hawaiian Holdings from Buy to Hold. The Thesis The entry of...
-
Argus: Darden Restaurants Among 'Best-Managed' Dining Names
Thursday, December 21, 2017 - 4:44pm | 391Darden 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...
-
With Dad Shoes In Fashion, Is Skechers Set For A Big 2018?
Monday, December 18, 2017 - 12:30pm | 615With "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 Appears To Be Finally Turning The Corner; China Spurs Growth
Thursday, December 14, 2017 - 4:07pm | 469Nike 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...
-
Argus Books A Lower Rating On Expedia After Guidance Cut
Tuesday, December 5, 2017 - 3:28pm | 321Expedia Inc (NASDAQ: EXPE) failed to meet the consensus forecast in its Oct. 26 third quarter earnings report. The stock traded sharply lower and has yet to improve. The Analyst Argus Research's John Staszak downgraded Expedia from Buy to Hold and maintained a long-term Buy rating on the...
-
Why Mattel May Miss The Santa Claus Rally This Year
Tuesday, November 28, 2017 - 2:09pm | 426Mattel, 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...