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Argus Sees Lockheed Martin Raising Guidance Again This Year
Wednesday, July 20, 2016 - 10:30am | 366Read More...Lockheed Martin Corporation (NYSE: LMT) reported another quarterly earnings beat and raised its guidance; and could announce another upward revision to their forecasts as the year progresses, Argus’s John Eade said in a report. He maintained a Buy rating on the company, while raising the...
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CSX 2.5% Yield Pays Investors To Wait For The Turnaround, Says Argus
Friday, July 15, 2016 - 12:14pm | 350Read More...Argus said CSX Corporation (NASDAQ: CSX)'s 2.5 percent dividend yield pays investors to wait for the turnaround as it raised the price target by $5 to $35, implying an upside of 20 percent over Thursday's close. The current payout for CSX is $0.18 per quarter or $0.72 annually, for a...
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Paychex Target Price Raised At Argus
Friday, July 1, 2016 - 8:22am | 263Read More...Paychex, Inc. (NASDAQ: PAYX) reported 11 percent EPS growth for F4Q, in-line with the consensus estimate. There seems to room for the company to grow its core business, which serves small companies with fewer than 50 employees, Argus’ John Eade said in a report. He maintained a Buy rating...
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Will 2017 Bring Stronger Sales For Rio Tinto?
Monday, June 27, 2016 - 10:25am | 284Read More...Shares of Rio Tinto plc (ADR) (NYSE: RIO) came under significant pressure on Friday on Brexit news. Argus’ John Eade maintained a Buy rating for the company, with the price target at $36. The analyst commented that Rio Tinto’s long-term outlook was solid and the company appeared...
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Republic Services Is A 'Well-Run Industry Leader,' But Has Limited Near-Term Upside
Wednesday, May 18, 2016 - 11:50am | 444Read More...Argus Research has initiated coverage of Republic Services, Inc. (NYSE: RSG) with a Hold rating, saying that although the waste management company is "well-run," it sees limited near-term upside for the stock. "We view RSG as a well-run company, but expect only modest increases in revenue and...
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Argus: Caterpillar Has 20% Upside Even If It Can't Hit Cyclical Highs
Tuesday, April 26, 2016 - 10:15am | 270Read More...Shares of Caterpillar Inc. (NYSE: CAT) have outperformed the overall market in the last three months. Argus’ John Eade upgraded the rating for the company to Buy, with a price target of $92. The analyst noted that Caterpillar’s business has begun to improve, albeit slowly, and its...
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Argus Initiates Novartis With A Hold, Highlights Underperformance Vs. S&P 500
Tuesday, April 5, 2016 - 8:27am | 298Read More...Novartis AG (ADR) (NYSE: NVS) shares have been on a downturn in 2016, and have lost 17 percent year-to-date. Argus’ John Eade initiated coverage of Novartis with a Hold rating, saying that there would have to be signs of growth, driven by the company’s strong drug pipeline, or a...
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Illumina Shares Initiated With Buy, $175 Target At Argus
Wednesday, March 30, 2016 - 9:26am | 242Read More...Although Illumina, Inc. (NASDAQ: ILMN) has a track record of double-digit growth, its EPS has come under pressure in recent quarters. The leading biotech services company is also preparing for a senior management transition. Argus’ John Eade initiated coverage of Illumina with a Buy...
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Argus Initiates Rio Tinto With Buy Rating, $36 Target
Wednesday, March 30, 2016 - 8:42am | 305Read More...Argus’ John Eade initiated coverage of Rio Tinto plc (ADR) (NYSE: RIO) with a Buy rating and price target of $36. Commodity Price Weakness “Although we expect commodity price weakness to weigh on Rio Tinto’s results in the near term, we look for improved industry fundamentals...
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Argus Upgrades Deere To Buy On Potential Margin Rebound
Wednesday, February 24, 2016 - 9:50am | 315Read More...Argus has upgraded Deere & Company (NYSE: DE) to Buy from Hold, saying that the company's margins will rebound in the next 2-3 years. As a global manufacturing company, Deere is affected by trends in exchange rates and commodities, and those may be nearing their inflection points....
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Argus: Honeywell Has Upside, Will Make More Strategic Acquisitions
Tuesday, December 29, 2015 - 11:58am | 307Read More...Honeywell International Inc. (NYSE: HON) shares have appreciated 13.91 percent over the past three months, rising to $104.96 on December 23. Argus’ John Eade has maintained a Buy rating and price target of $118 on the company. Honeywell’s stock has appreciated over 9 percent...
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Zoetis Is The Only Publicly-Traded Pure-Play Animal Health, Vaccine Company
Monday, December 28, 2015 - 10:32am | 311Read More...Zoetis Inc (NYSE: ZTS) shares have appreciated 11.85 percent year-to-date, trading at their 52-week high of $55.38 on June 25. Argus’ John Eade has maintained a Buy rating on the company, with a price target of $57. While the company has raised its EPS guidance and dividend, Eade...
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Argus Lifts Price Target On GE From $34 To $36
Wednesday, December 23, 2015 - 9:15am | 303Read More...General Electric Company (NYSE: GE) shares have climbed 21 percent in the last three months, from a low of $24.31 on September 28. Argus’ John Eade maintained a Buy rating on the company, while raising the price target from $34 to $36. The divestment of GE Capital is essentially...
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Argus Upgrades Chevron To Buy; Volatility In Oil Creates Better Entry Point
Wednesday, December 16, 2015 - 8:50am | 475Read More...Chevron Corporation (NYSE: CVX) shares are down 17 percent year-to-date, and have been trading below the $100 mark since mid-June. Argus' John Eade upgraded the rating on the company from Hold to Buy, while maintaining a price target of $100. While the recent oil price volatility has...
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Argus Upgrades Perrigo, Stock Is At A Favorable Entry Point
Thursday, December 10, 2015 - 9:07am | 278Read More...Shares of Perrigo Company plc (NYSE: PRGO) have been trending south in the last three months and are down 16 percent since September 10. Argus’ John Eade upgraded the rating on the company from Hold to Buy, while establishing a price target of $170. The company’s strong...





