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Analysts Expecting A Meaty Return From Tyson Foods
Wednesday, November 15, 2017 - 12:09pm | 447Tyson 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...
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One Analyst Loses His Appetite For Darden Restaurants
Tuesday, October 17, 2017 - 9:09am | 410Citing the vulnerability of Darden Restaurants, Inc. (NYSE: DRI) to weak conditions in the casual-dining industry, Argus downgraded shares of the company. This is despite the firm having a favorable view of the company's strong brands, everyday value menu and high customer satisfaction ratings....
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Looking For Exposure To The Restaurant Sector? Try McDonald's Instead Of Domino's
Friday, August 25, 2017 - 8:38am | 330Analysts at Argus Research no longer hold a bullish view on the pizza delivery chain Domino's Pizza, Inc. (NYSE: DPZ) and suggest instead owning shares of the fast food giant McDonald's Corporation (NYSE: MCD). Argus' John Staszak downgraded Domino's stock from a Buy rating to a Hold, the first...
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Estee Lauder Upgraded After Q4 Report Shows Higher Sales, Lower Costs
Tuesday, August 22, 2017 - 8:48am | 358Analysts at Argus turned bullish on Estee Lauder Companies Inc (NYSE: EL) after the company impressed investors in its fiscal fourth-quarter earnings report. The firm's John Staszak upgrades Estee Lauder's stock rating from Hold to Buy with a $125 price target as the earnings report suggests...
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McDonald's Preferred Over Chipotle, But Argus Still Likes The Latter Long Term
Friday, July 21, 2017 - 1:27pm | 415Argus analyst John Staszak downgraded Chipotle Mexican Grill, Inc. (NYSE: CMG) from Buy to Hold in response to the norovirus outbreak at a location in Sterling, Virginia. Staszak is the latest in a string of analysts who have downgraded the stock (see Staszak's track record here). Chipotle shares...
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Planes, Trains And Automobiles: Expedia To Benefit From Growth In All The Above
Wednesday, July 5, 2017 - 3:44pm | 368Argus analyst John Staszak initiated coverage of Expedia Inc (NASDAQ: EXPE) with a Buy rating and $178 price target. Expedia shares were trading around $150 mid-day Wednesday. “We expect Expedia to benefit from growth in online travel bookings for air, rail, cruise, hotel, rental car and...
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'Blame It On The Rain': Argus Downgrades Cheesecake Factory On Weak Comps From Weather Woes
Tuesday, June 20, 2017 - 10:12am | 385Disappointed and unimpressed with Cheesecake Factory’s Inc (NASDAQ: CAKE) recent announcements, Argus analyst John Staszak has downgraded the restaurant company from Buy to Hold. “We are disappointed that the revised guidance comes just six weeks after quarterly guidance was issued and...
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Argus Makes A Play Date With Hasbro, Initiates At Buy
Friday, June 16, 2017 - 11:13am | 389Analysts at Argus initiated coverage of toymaker Hasbro, Inc. (NASDAQ: HAS) on Friday with a Buy rating and $128 price target. Hasbro's stock has benefited from six consecutive quarters of encouraging results, partly due to the company's strong product development efforts, Argus' John Staszak noted...
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With NBA Finals Over, Checking In With Stars' Most Visible Brands
Tuesday, June 13, 2017 - 10:27am | 547The Golden State Warriors completed a nearly perfect sweep of the NBA playoffs by defeating the defending champions Cleveland Cavaliers in Game 5 of the NBA Finals. The Warriors' perfect 12–0 run heading into the Finals could in part be attributed to Under Armour Inc (NYSE: UAA)'s...
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Dunkin' Donuts Upgraded After Another Earnings Beat
Tuesday, June 6, 2017 - 11:31am | 431National Doughnut Day is past, but now’s the time to buy doughnuts. Dunkin Brands Group Inc (NASDAQ: DNKN) enjoys “strong opportunities” to expand both in the U.S. and overseas, according to Argus, which upgraded Dunkin' to Buy on Tuesday. The chain, which reported first-quarter...
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Hilton's Growth Among The Strongest In Lodging Industry
Monday, June 5, 2017 - 9:22am | 393Argus analyst John Staszak initiated coverage of Hilton Worldwide Holdings Inc (NYSE: HLT) with a Buy rating and $80 price target. In Review Estimated 2017 EPS is $1.99, against the consensus of $1.81, and 2018 EPS is estimated at $2.25, above the consensus of $2.13. Hilton has exceeded consensus...
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Argus Turns Bullish On Chipotle, Sees Upside To $550 Per Share
Thursday, May 25, 2017 - 9:23am | 361Analysts at Argus upgraded shares of Chipotle Mexican Grill, Inc. (NYSE: CMG) on Thursday after the fast-casual restaurant chain offered an impressive first-quarter earnings report, which supports its bullish case. Q1 And Analyst's Take Argus' John Staszak upgraded Chipotle's stock from Hold to Buy...
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Yum Brands Upgraded On Yum China Spinoff, Refranchising Success
Tuesday, May 16, 2017 - 11:34am | 344Premised on the transformation of Yum! Brands, Inc. (NYSE: YUM)'s business through refranchising, Argus upgraded the shares of the company on Tuesday. Refranchising In The Works Analyst John Staszak noted that the company plans to raise the percentage of franchised restaurants to 98 percent...
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Argus Downgrades Mattel As Top-Line Concerns Mount
Friday, April 28, 2017 - 10:25am | 406Argus' John Staszak downgraded shares of toymaker Mattel, Inc. (NASDAQ: MAT) from Buy to Hold as the analyst believes the company's first-quarter earnings report signals that a turnaround will take "at least several quarters." Staszak stated in his downgrade report that he is concerned with Mattel'...
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McDonald's Turnaround Efforts, Growth Prospects Lead To Upgrade
Thursday, April 27, 2017 - 9:22am | 353McDonald's Corporation (NYSE: MCD) won over a Wall Street analyst after its earnings report, as Argus' John Staszak upgraded the stock from Hold to Buy with a newly established $158 price target given the fast food chain's turnaround efforts and growth prospects. McDonald's 2017...