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Argus Analysts Say Coach Shows Tangible Signs Of Improvement
Wednesday, August 10, 2016 - 1:46pm | 269Read More...Argus maintained its Hold rating on Coach Inc (NYSE: COH) saying it's beginning to see tangible signs that consumers' perceptions of the Coach brand are improving. Coach is working its way to restore its image as a designer of high-quality bags and accessories with fewer U.S. stores. In...
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Analysts At Argus Review CVS Q2 Earnings
Wednesday, August 3, 2016 - 2:23pm | 429Read More...Argus said the second-quarter results of CVS Health Corp (NYSE: CVS) pacified investor concerns over the company losing PBM business to a rival, as it "appears that was just normal earnings season turnover." CVS reported non-GAAP earnings of $1.32 per share in the second quarter, above the average...
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Management Change Doesn't Affect Argus' Expectations For Black & Decker's Dividend
Monday, July 25, 2016 - 2:04pm | 567Read More...Argus maintains its Hold rating on Stanley Black & Decker, Inc. (NYSE: SWK), as it believes the shares of the company are fairly valued based on its dividend discount model and a comparison of peer and market multiples. The firm noted that the company's second-quarter earnings per share of $1....
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Dividend Aristocrat Genuine Parts To See 12% Future Gain, Says Argus
Sunday, July 24, 2016 - 2:55pm | 409Read More...Argus has raised its estimates and price target on Genuine Parts Company (NYSE: GPC), while reaffirming its Buy rating on the stock. Analyst Christopher Graja has hiked Genuine Parts target price by $2 to $108, representing a potential gain, including the dividend, about 12 percent from current...
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Despite Management's Best Efforts, Argus Sees Failed Merger, Amazon Pressure Continuing To Squeeze Staples
Friday, July 15, 2016 - 1:59pm | 485Read More...Argus maintained its Hold rating on Staples, Inc. (NASDAQ: SPLS), as it expects the company to face intense competition and declining sales of core office supplies in an increasingly digital world. Recent Performance And Justification However, Argus believes management has been systematically...
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Aging Car Population Keeping AutoZone Fundamentals Strong
Friday, July 8, 2016 - 10:39am | 366Read More...Argus’ Christopher Graja continues to see “strong industry fundamentals, which are highlighted by an aging car population, low gasoline prices and increasing miles driven per car.” Graja reiterated a Buy rating on AutoZone, Inc. (NYSE: AZO), with a price target of $875. Aging...
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Argus Reaffirms Buy Rating On Costco, Cites Strong Traffic And Membership Renewals
Tuesday, July 5, 2016 - 10:20am | 272Read More...Argus’ Christopher Graja believes Costco Wholesale Corporation's (NASDAQ: COST) “financial strength and ability to deliver ‘extreme values’ are key differentiators for the stock in the current market environment.” Graja maintains a Buy rating on the company, with a...
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Abercrombie & Fitch Store Checks Show Weak Prospects For Sales Growth
Monday, June 27, 2016 - 12:17pm | 297Read More...Recent checks by Argus on Abercrombie & Fitch Co. (NYSE: ANF) stores suggest there is weak prospects for profitable sales growth amid intense competition and falling foot traffic at shopping malls. "Until comps recover, without significantly sacrificing gross margin, we are likely to...
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Toll Brothers Is Poised For Growth
Thursday, January 7, 2016 - 10:29am | 295Read More...On Thursday, Argus Research issued a company note on Toll Brothers Inc (NYSE: TOL) on the back of news that the company expects solid demand for their home deliveries in 2016. Currently, Argus rates Toll Brothers as a Buy with a $43 price target. Chris Graja, an analyst at Toll Brothers, wrote, "...
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Best Buy Harmed By Difficult Environment; Argus Reiterates Hold
Tuesday, December 29, 2015 - 10:59am | 396Read More...Best Buy Co Inc (NYSE: BBY) shares have declined 14.04 percent over the past three months, falling to $29.04 on December 18. Argus’ Christopher Graja recently reiterated a Hold rating on the company. Graja believes the company is facing a difficult industry environment and that the below...
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Argus Lowers Price Target On Dicks Sporting Goods
Friday, December 11, 2015 - 12:20pm | 244Read More...Argus on Friday issued a company update on Dicks Sporting Goods Inc (NYSE: DKS) amid pressure from online sellers and ongoing challenges in the company's business segments. Argus maintained Dicks Sporting Goods as a Buy, but lowered their one-year price target from $63 to $50. The stock...
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Kohl's Facing Stiff Competition, Margin Constraints
Thursday, April 9, 2015 - 3:36pm | 275Read More...Kohl's Corporation (NYSE: KSS) shares may be up 27 percent year-to-date but an analyst said Thursday the company faces significant competition and constraints on its profit margin. Argus Research's Christopher Graja maintained a Hold rating on the retailer and said he might raise his rating if same...
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CVS Caremark's Growth Pace Pleases Analysts
Wednesday, August 6, 2014 - 4:11pm | 303Read More...CVS Caremark's (NYSE: CVS) second-quarter performance in its prescription benefits management segment drew plaudits from analysts Wednesday. CVS is among the five largest such managers in the U.S., and the only one with an attached retail operation. Most insured Americans receive drug benefits...
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Analysts See Positive Future Ahead For Home Depot Even Amid First Quarter EPS Miss
Thursday, May 22, 2014 - 2:51pm | 284Read More...Home Depot (NYSE: HD) released first quarter results Tuesday to cautious, but overall positive, responses from analysts. Analysts made note that a resurgence in the housing market and strong May sales has Home Depot well positioned after a worse-than-expected first quarter. Home Depot missed...
