Argus Research

If it weren’t already, Argus Research is calling Amazon.com, Inc. (NASDAQ: AMZN) an "essential" holding. In what has turned out to be one of the most disruptive companies this millennium, this multi-industry juggernaut is a must in most portfolios according to Argus analyst Jim Kelleher....

Analysts at Argus Research turned bearish on Equifax Inc. (NYSE: EFX) as the company's data breach could prove to be the "most serious" data-hack in history. Analyst Jasper Hellweg downgraded Equifax's stock from Buy to Hold with no assigned price target. Equifax's management...

Despite Advanced Micro Devices, Inc. (NASDAQ: AMD)’s strong second-quarter earnings beat, Argus analyst Jim Kelleher isn’t feeling bullish, reiterating a Hold rating on the stock. BMO and Citigroup also placed Market-Perform and Sell ratings on the company, respectively, following the...

Argus 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...

Last week, a day after Tesla Inc (NASDAQ: TSLA) shares dipped below $300, CEO Elon Musk tweeted a timeline for electric semi trucks and pickups. Traders jumped on the stock, and at least one research firm downgraded truck competitors. Argus analyst Bill Selesky told Benzinga the vehicle isn't...

Celebrating a dearth of competitors and 12 consecutive quarterly earnings beats, Carnival Corp (NYSE: CCL) overcame a longstanding Hold rating from Argus Research and secured a long-awaited Buy. Argus issued a price target of $64 in anticipation of a rise in cruise demand. A strand of industry...

Boasting the strongest fourth-quarter subscription growth in the U.S. wireless industry, T-Mobile US Inc (NASDAQ: TMUS) is annexing market share from its three major competitors. “Now the third-place U.S. wireless service provider, T-Mobile has evolved from a turnaround story to an industry...

Argus reiterated its Buy rating and $54 target on Metlife Inc (NYSE: MET) as it has a positive view of MetLife's business diversification, global initiatives and the planned spinoff its retail business, Brighthouse Financial, in the first half of 2017. The retail business offers insurance policies...

An Argus Research analyst reiterated a Hold rating for El Paso Electric Company (NYSE: EE), citing regulatory concerns as the main reason for the reiteration. The firm maintains a long-term Buy rating for El Paso, however, citing the company’s financial strength, limited risk profile, forward...

Chris Graja, a senior retail analyst with Argus Research, discussed Lowe's Companies, Inc. (NYSE: LOW)'s business outlook during a retail related conference call last week. According to Graja, Lowe's has proven to be a bigger winner compared to its peer Home Depot Inc (NYSE: HD) in picking up Sears...

Shares of Home Depot Inc (NYSE: HD) traded at around the $20 level when the financial crisis of 2007–2008 affected its core business of selling home improvement products. When the economy began showing signs of rebounding, Home Depot naturally saw an uptick in its business. The stock has been...

Despite all the uncertainty surrounding the retail environment currently, Argus Research is optimistic about the upcoming holiday season. "We think it's going to be a good Christmas," said Argus Research on a conference call held Tuesday. U.S. household incomes increasing for the first time in...

  Pre-open movers U.S. stock futures traded slightly higher in early pre-market trade. The services PMI for August is schedule for release at 9:45 a.m. ET, while the ISM non-manufacturing index for August and the Fed labor market conditions index for August will be released at 10:00 a.m...

  Pre-open movers U.S. stock futures traded higher in early pre-market trade. The Federal Housing Finance Agency House Price Index for June is schedule for release at 9:00 a.m. ET, while data on existing home sales for July will be released at 10:00 a.m. ET. Futures for the Dow Jones...

Despite a weaker-than-expected second-quarter earnings print, Christopher Graja of Argus Research maintains a Buy rating on Lowe's Companies, Inc. (NYSE: LOW) with an unchanged $90 price target. Lowe's reported that it earned $1.37 per share in the quarter, which was "well below" Graja's estimate...