Jacob Kilstein

The announcement that California utility company PG&E Corporation (NYSE: PCG) is preparing for bankruptcy sent shares of the battered stock tumbling more than 62 percent this week. However, a potential PG&E bankruptcy could also impact other utility stocks. Several Wall Street analysts have...

The extreme volatility in PG&E Corporation (NYSE: PCG) stock continued Friday after encouraging commentary from the California Public Utility Commission and an unlikely upgrade sent the stock skyrocketing more than 45 percent. What’s At Stake For traders who haven’t been following...

San Diego-based utility holding company Sempra Energy (NYSE: SRE)'s acquisition of a majority stake in Texas' largest utility Oncor negatively impacted its first-quarter earnings, but Argus is bullish on the longer-term outlook. The Analyst Argus' Jacob Kilstein upgraded Sempra Energy...

Argus said in a note Thursday near-term headwinds abound for Brighthouse Financial Inc (NASDAQ: BHF), which was spun off from Metlife Inc (NYSE: MET) in August 2017. As such, Argus initiated coverage of Brighthouse with a Hold rating. The firm noted that the company's shares have...

Ahead of the quarterly results release from Vornado Realty Trust (NYSE: VNO), Argus upgraded the shares of the company amid expectations that the company would raise rents in New York despite rising supply, as demand trends remain solid. Giving the geographical break-up, the firm noted that the...

Analysts at Argus initiated coverage of AvalonBay Communities Inc (NYSE: AVB), a real estate investment trust that focuses on multifamily communities primarily in New England, with a Buy rating and $220 price target. One of the most favorable aspects to AvalonBay's business is the company's strong...

Trump’s victory could prove to be a positive for American International Group Inc (NYSE: AIG), which would benefit from easing regulations and lower taxes, Argus’s Jacob Kilstein said in a report. “We have a positive view of AIG’s leading position in global P&C and U.S...

Perrigo Company plc Ordinary Shares (NYSE: PRGO) is considering the potential sale of its non-core businesses, including the lucrative royalty stream from MS drug Tysabri and the prescription pharmaceutical segment. Argus’ Jacob Kilstein maintains a Hold rating on the company. Concerns...

Shares of Sun Life Financial Inc (NYSE: SLF) have gained 15 percent since the U.S. presidential election and are currently trading above the peer median. The stock now appears “fully valued,” Argus’s Jacob Kilstein said in a report. He downgraded the rating on Sun Life from Buy to...

Regency Centers Corp (NYSE: REG) is trading just above its 52-week low of $64.82 at $68.67 and down around 20 percent from its high-point in late July. Argus analyst Jacob Kilstein upgraded the stock to Buy from Hold and placed an $80 target price on the stock, citing the discounted share price and...

Given slowing same-store-sales (SSS) growth, Argus cut its price target on the shares of Public Storage (NYSE: PSA) to $270 from $284. Argus also slashed its 2017 FFO estimate to $10.50 from $10.58 after the company said it expects a slowdown in SSS growth and occupancy, coupled with higher...

Argus has downgraded Pfizer Inc. (NYSE: PFE) to Hold from Buy on a weaker outlook, pipeline setbacks and increased competition. Further, the discontinuation of separation plans was also a key reason behind the downgrade, as the brokerage believes the split would have improved business performance...

Following the departure of CEO Joseph Papa, along with the subsequent 17 percent cut in the 2016 earnings guidance and the associated uncertainty regarding its strategy, Perrigo Company plc Ordinary Shares (NYSE: PRGO) have taken a hit. Argus’ Jacob Kilstein maintains a Hold rating on the...

Argus’ Jacob Kilstein believes generic drug companies would “continue to benefit from the increased focus on cost-effective healthcare.” Kilstein maintains a Buy rating and a $55 price target on Mylan NV (NASDAQ: MYL). Attractive Entry Point The stock has declined 17 percent over...