-
Boeing Analyst Turns Bullish After Deep Sell-Off
Friday, March 27, 2020 - 12:29pm | 436Argus turned bullish on beleagured Boeing Co (NYSE: BA) Friday and said the stock has taken a turn for better, primarily due to the value offered by the shares following their recent sell-off. The Boeing Analyst Argus analyst John Eade upgraded shares of Boeing from Hold to Buy, with a 12-...
-
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...
-
Argus Downgrades Boeing On Near-Term 737 Max Risk
Tuesday, March 19, 2019 - 9:30am | 355Boeing Co (NYSE: BA)'s stock has hit the skids following reports of two fatal Boeing plane crashes, and one Wall Street analyst said Tuesday he’s stepping to the sidelines until the causes and implications of the crashed are better understood. The Analyst Argus analyst John Eade...
-
Argus Ups Boeing Target Price On Positive Industry Trends
Thursday, March 7, 2019 - 10:48am | 332Shares of Boeing Co (NYSE: BA) have appreciated a whopping 27 percent over the past quarter, versus a 3-percent increase in the S&P 500. Since the turn of 2019, the industrial sector has been boosted by constructive trade talks between the U.S. and China, according to Argus. The Analyst Argus...
-
Argus: Don't Shop For JCPenney Stock
Friday, November 16, 2018 - 11:16am | 394Despite falling nearly 60 percent over the past year, Argus said in a downgrade note that J C Penney Company Inc (NYSE: JCP) still carries "elevated risk" from a technical and fundamental perspective. The Analyst Analyst John Eade downgraded J.C. Penney from Hold to...
-
Parker-Hannifin's Concerning Outlook Prompts Argus To Move To The Sidelines
Tuesday, August 14, 2018 - 1:31pm | 344Parker-Hannifin Corp (NYSE: PH), a manufacturer of motion and control technologies and systems to control fluids, gas or air, disappointed Argus in its fiscal 2019 outlook which prompted the research firm to downgrade the stock. The Analyst Argus' John Eade downgraded Parker-Hannifin from...
-
Sell-Side Analysts Respond To GE's Earnings Sell-Off
Monday, July 23, 2018 - 11:44am | 470General Electric Company (NYSE: GE) stock is down more than 5 percent since reporting its second-quarter earnings numbers last week. Analysts still see a tough road ahead for GE and its investors, but some are surprised at the severity of the sell-off. Argus Downgrade Argus analyst John Eade in a...
-
Near-Term Inflationary Trends Send Argus To Sidelines On Owens Corning
Friday, June 1, 2018 - 10:04am | 352Composite and building materials manufacturer Owens Corning (NYSE: OC) could miss on full-year expectations, according to Argus. The Analyst Analysts John Eade and Olivia Hoyda downgraded shares of Owens Corning from Buy to Hold. The Thesis Conditions in the cyclical housing and...
-
Argus Turns Neutral On Arconic Amid 'Challenging Outlook'
Thursday, May 31, 2018 - 2:11pm | 382With Arconic Inc (NYSE: ARNC) shares down by around 40 percent since their peak of more than $30 per share in January, Argus dropped its bullish stance on the stock Thursday. The Analyst Argus analysts John Eade and Emily Sayles downgraded Arconic from Buy to Hold...
-
Argus: Colgate Shares Offer Investors Value
Friday, May 25, 2018 - 10:16am | 374Colgate-Palmolive Company (NYSE: CL) reported an earnings beat for the first time in four quarters in late April, and investors should consider buying the stock, according to Argus. The Analyst Argus' John Eade upgraded Colgate-Palmolive's stock from Hold to Buy with a new $72 price...
-
Hershey's Ongoing Margin Concerns Force Argus To Downgrade Stock
Wednesday, May 2, 2018 - 2:16pm | 330Hershey Co (NYSE: HSY) remains a "financially strong company" with a focus on returning capital to shareholders, but that's no longer reason enough to be a buyer of the stock, according to Argus. The Analysts Argus analysts John Eade and Erik Kildal-Brandt downgraded Hershey ...
-
Argus Steps To Sideline On Canadian National, Waits For Revenue Growth Or $70 Level
Friday, February 16, 2018 - 11:44am | 331Canadian National Railway (USA) (NYSE: CNI)'s revenue growth appears challenging over the next several quarters, according to Argus. The Analyst Argus analyst John Eade downgraded shares of Canadian National Railway from Buy to Hold. The Thesis Canadian National, though a well-managed...
-
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...
-
Argus Gives Medtronic Improved Prognosis, Expects Nearly 10% Future Growth
Tuesday, December 12, 2017 - 12:04pm | 496Medtronic PLC (NYSE: MDT) is poised for better opportunities ahead after a long period of underperformance, Argus said in a Tuesday note. The firm noted that shares of Medtronic have underperformed the broader market over the past three months, adding 1.9 percent compared to the S&P 500's 6...
-
Analyst: Paccar Shares Keep On Trucking, Despite Recent Outperformance
Monday, November 6, 2017 - 1:27pm | 338PACCAR Inc (NASDAQ: PCAR) shares, despite trading at a multiple above the five-year historical average, still offer room for further upside, Argus said in a Monday morning note. PACCAR outperformed over the past quarter, adding 6 percent compared to the S&P 500's 4 percent, said analyst John...