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Boeing Target Price Reaches Altitude Of $185 At Argus
Wednesday, December 14, 2016 - 11:42am | 342Read More...Argus has raised its price target on Boeing Co (NYSE: BA) shares to $185, representing a potential upside of 18 percent over December 13 close. Positive Catalysts Analyst John Eade has pointed out that Boeing continues to benefit from strengthening demand in the commercial aerospace sector, as...
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Argus Downgrades Abercrombie & Fitch To Sell, Looking For Clearer Path To Accelerating Comps
Friday, December 9, 2016 - 11:12am | 366Read More...Argus has downgraded Abercrombie & Fitch Co. (NYSE: ANF) to Sell from Hold, saying its rebranding efforts are not resonating with customers and have alienated its traditional followers, thereby hurting its comps. The teen retailer’s third-quarter comps fell 14 percent, its worst quarterly...
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National Grid Is One Utility Worth Buying Despite Rate Hike Expectations
Thursday, December 1, 2016 - 1:13pm | 372Read More...Argus has upgraded National Grid plc (ADR) (NYSE: NGG) to Buy from Hold, citing the company’s underlying business fundamentals as remaining strong, with 90 percent regulated operations provides a “high level” of earnings visibility. Positive Expectations The upgrade comes despite...
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Trading Kimco Following Pullback
Friday, November 25, 2016 - 10:30am | 274Read More...Kimco Realty Corp (NYSE: KIM) has largely repositioned its portfolio. While Kimco’s shares have been under pressure since early August due to expectations of interest rate hikes, the company’s FFO (funds from operations) growth could accelerate in 2017, Argus’s John Eade said in a...
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Why The Time Has Come To Buy Novartis
Thursday, November 10, 2016 - 11:57am | 385Read More...Argus has upgraded Novartis AG (ADR) (NYSE: NVS) to Buy from Hold on strong pipeline growth and falling of the stock to the brokerage’s potential upgrade point of mid-$70s. Novartis And GlaxoSmithKline Novartis, which is exiting a transition phase, is trading at $74 levels. The company...
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Argus Says Buy Weakness In General Electric Shares
Monday, October 24, 2016 - 3:14pm | 282Read More...Argus sees a buying opportunity in recent weakness in General Electric Company (NYSE: GE) shares. The firm believes GE is poised to generate high single-digit earnings growth over the next five years. “We believe that GE will continue to benefit from its renewed focus on its Industrial...
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Honeywell Sitting At An Attractive Entry Point After Recent Selloff
Monday, October 24, 2016 - 2:45pm | 249Read More...Argus sees the recent selloff in Honeywell International Inc. (NYSE: HON) shares as a buying opportunity. The firm believes Honeywell is set to generate low double-digit earnings growth over the next five years. Over the past quarter, shares of Honeywell have underperformed the S&P 500,...
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Keep Your Eyes Peeled For Pullbacks In National Fuel Gas Stock
Wednesday, October 12, 2016 - 12:36pm | 271Read More...John Eade of Argus is waiting for a favorable entry point in the Hold-rated National Fuel Gas Co. (NYSE: NFG). "We believe that NFG provides a unique long-term investment opportunity, as it combines the stability of a regulated gas utility with the growth potential of an E&P and...
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Recent Honeywell Selloff Provides An Entry Point
Tuesday, October 11, 2016 - 3:17pm | 341Read More...Argus’ John Eade believes the recent selloff in Honeywell International Inc. (NYSE: HON) shares offers a buying opportunity as the company is poised to generate low double-digit earnings growth over the next five years. Shares have underperformed the S&P 500 over the past quarter,...
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Abercrombie & Fitch Is America's 'Most Hated Retailer' And Keeps Falling Amid Analyst Criticism
Wednesday, September 21, 2016 - 11:59am | 358Read More...When a company is already struggling to adapt its brand to a changing market environment, the last thing it needs it to be named at the top of a list of “most hated companies.” Unfortunately, Abercrombie & Fitch Co. (NYSE: ANF) gained the dubious distinction of Fortune’s most...
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PPL Stock Still Reeling From Brexit, May Present A Good Entry Point
Friday, September 9, 2016 - 10:14am | 278Read More...Although PPL Corp (NYSE: PPL) shares have underperformed since the Brexit vote, driven by concerns regarding the company’s U.K. subsidiary and the weaker British pound, Argus’ John Eade believes the concerns are overdone and the selloff presents an attractive buying opportunity....
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Rio Tinto Looks Poised To Capitalize On An Industry Turnaround
Tuesday, August 30, 2016 - 9:51am | 303Read More...Rio Tinto plc (ADR) (NYSE: RIO) has responded to weak commodity prices with cost control, asset sales and lower capex, and now appears poised to benefit from an industry turnabout, Argus’s John Eade said in a report. He maintained a Buy rating on the company, with a price target of $36....
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BHP Billiton Raised To Buy At Argus On Positive Outlook For Materials
Tuesday, August 30, 2016 - 9:23am | 310Read More...Although sales and earnings at BHP Billiton Limited (ADR) (NYSE: BHP) have been hit by declining commodity prices, many product prices seem to be “nearing a cycle bottom,” Argus’s John Eade said in a report. He upgraded the rating on the company to Buy, while establishing a...
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Argus Upgrades AstraZeneca To Buy, Says Discount Is Too Steep Against Pipeline Potential
Monday, August 29, 2016 - 10:39am | 274Read More...AstraZeneca plc (ADR) (NYSE: AZN) shares are currently trading at a discount to S&P 500 pharma companies. Argus’ John Eade believes the discount is too steep given the company’s pipeline potential. Eade upgraded the rating on the company to Buy with a price target of $38. Coping...
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Rockwell Collins Downgraded At Argus On Sales Concerns
Friday, August 26, 2016 - 8:07am | 291Read More...Although Rockwell Collins, Inc. (NYSE: COL) reported its FQ3 EPS ahead of expectations, management lowered the full-year guidance. Weakness in the business jet market is adversely impacting the company’s top- and bottom-lines, Argus’s John Eade said in a report. He downgraded the...
