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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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Juniper Networks Analyst Reassures Investors About Hewlett Packard Acquisition
Tuesday, June 18, 2024 - 11:56am | 336Earlier this year, Juniper Networks, Inc. (NYSE:JNPR) had received a deal to be acquired by Hewlett Packard Enterprise Co (NYSE:HPE). The definitive agreement inked by the company to be acquired by HPE is likely to go through as planned, according to Argus Research. The Juniper Networks Analyst:...
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Goldman Sachs Boasts 'Near-Perfect' Q1 Results, 5 Analysts Zero In On 'Core Strengths'
Tuesday, April 16, 2024 - 12:09pm | 551Goldman Sachs Group Inc (NYSE: GS) and other financial stocks have been in focus as some of the sector’s biggest banks report first-quarter results. Here are some key analyst takeaways from Goldman Sachs’ release. Argus Research analyst Stephen Biggar upgraded the rating to Buy, while...
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Should Investors Buy Amazon Stock Following Its Streaming Deal With Comcast?
Friday, July 9, 2021 - 10:10am | 275CNBC's "Squawk Box" host Melissa Lee reported Friday that Amazon.com Inc (NASDAQ: AMZN) signed a new streaming deal with Comcast Corp (NASDAQ: CMCSA). Under the terms of the deal, new theatrical releases will premiere on Amazon Prime Video following a four-month run on Comcast...
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This Discounted Stock Is Driving 21st Century Device Communication: Argus Research
Thursday, July 1, 2021 - 3:22pm | 523A bet on the growing demand for radio frequency solutions spanning several markets and a value discount to competitors has made Argus Research bullish on Qorvo, Inc. (NASDAQ: QRVO). The Qorvo Analyst: Jim Kelleher initiated coverage of Qorvo with a Buy rating and $225 price target....
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2 Consumer Catalysts That Should Benefit Beyond Meat
Wednesday, March 4, 2020 - 9:50am | 323Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) should be considered the "leading company" in the alternative food space and investors should be buyers of the stock, according to Argus. The Beyond Meat Analyst Jim Kelleher initiated coverage of Beyond Meat's stock with a Buy...
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American Express Analyst Recommends Buying The Dip
Monday, March 2, 2020 - 3:31pm | 337Shares of American Express Company (NYSE: AXP) hit a fresh 52-week low on Friday and the "coronavirus-inspired selling" is overdone and investors should be buyers of the stock, according to Argus. The American Express Analyst Stephen Biggar upgraded American Express from Hold to Buy with...
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Argus Upgrades General Dynamics on Industry Turn, Price
Monday, February 3, 2020 - 3:49pm | 303After a pullback in share price, General Dynamics Corporation (NYSE: GD) is a now good buy in a jet manufacturing industry that looks to be turning a corner, Argus said Monday in upgrading the stock. The Analyst Argus analyst John Eade upgraded the stock to a Buy rating with a...
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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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'A Buying Opportunity In Facebook': Analysts React To Zuckerberg's Congressional Testimony
Thursday, April 12, 2018 - 3:29pm | 835Facebook, Inc. Common Stock (NASDAQ: FB) CEO Mark Zuckerberg’s 10 hours of testimony were not in vain. The two-day congressional hearing over Facebook’s consumer data and influencer security catalyzed an equally long run in the company’s stock, and some consider the rally the...
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Argus Upgrades United Technologies, Points To Diversified Business Model
Friday, February 9, 2018 - 12:53pm | 340United Technologies Corp. (NYSE: UTX) stands to benefit from a diversified business model, the expansion of the middle class in developing markets and an upcoming $30-billion acquisition of Rockwell Collins, according to Argus Research. The Analyst John Eade of Argus Research upgraded United...
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Argus Shares Eli Lilly's Optimism, Upgrades To Buy
Friday, January 5, 2018 - 2:54pm | 408If an 8-percent quarterly dividend increase is any indication, Eli Lilly and Co (NYSE: LLY) is confident of its growth potential. Its optimism echoes with one Wall Street analyst. The Rating Argus analyst David Toung upgraded Eli Lilly from Hold to Buy with a $115 price target. The Thesis...
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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...
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Argus: Why 2018 Could Be A Banner Year For KLA-Tencor
Wednesday, November 29, 2017 - 3:31pm | 307KLA-Tencor Corp (NASDAQ: KLAC) reported earnings after the close Oct. 26. It managed to beat revenue and EPS expectations, but guidance fell below consensus. The Analyst Argus Research's Jim Kelleher initiated coverage of KLA-Tencor Corp with a Buy and $125 price target. The Thesis...
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Nokia Shares Are A Buy, Just Not Right Now
Monday, October 30, 2017 - 3:15pm | 436Things are looking hairy for a 2017 Nokia Oyj (ADR) (NYSE: NOK), but just give it a few years. “We continue to believe that 5G will be a major boon for Nokia, given its global reach, advanced RAN technology, and long-developed scale efficiencies,” Argus analyst Jim Kelleher wrote in a...