John Eade

Argus has cut Orbital ATK Inc (NYSE: OA) to Hold from Buy following its restatement announcement and the reduction in expected cash flows. Orbital, which was created through the combination of Orbital Sciences and the Aerospace and Defense Groups of Alliant Techsystems, has announced an upcoming...

Argus maintains its Hold rating on Aecom (NYSE: ACM) as it waits for stronger cash flow. But, the brokerage is bullish on the stock over the long term, as it sees growth catalysts in the form of rapid urbanization in emerging markets, aging infrastructure in developed countries and increasing...

Parker-Hannifin Corp (NYSE: PH) beat earnings per share and sales estimates at the beginning of August, sending shares upward for over a week. Argus' Take Argus' John Eade applauded Parker-Hannifin's Q4 results and share performance, but remains cautious on management's forecasts for 2017, as...

Argus said S&P Global Inc (NYSE: SPGI) could face headwinds from the timing and magnitude of upcoming Fed rate hikes, as well as rising default risk in the corporate bond market. However, the brokerage maintains its Buy rating, saying that the company will be able to navigate through the...

Lockheed Martin Corporation (NYSE: LMT) commenced the exchange offer on July 11, 2016, for the split-off of its government IT infrastructure services business. Argus’ John Eade maintains a Buy rating on the company, with a price target of $290. The Split-Off Lockheed Martin’s government...

Argus has raised its 2016 EPS estimate and price target on the shares of Raytheon Company (NYSE: RTN), saying the company's focus on its international and cybersecurity businesses could generate stronger growth over the next three to five years. Argus, which maintains its Buy rating on the stock,...

Argus' John Eade reiterated Norfolk Southern Corp. (NYSE: NSC)'s near-term Hold rating and long-term Buy rating following the railway company's earnings beat last Wednesday. The analyst has been waiting for a strategic entry point into Norfolk Southern before upgrading to a near-term Buy. Weak...

Argus reiterated its Buy rating and $155 price target on Boeing Co (NYSE: BA), saying recent weakness in the stock offers a buying opportunity. Boeing shares have been underperformers over the past quarter, declining 1 percent compared to an increase of 4.5 percent for the S&P 500. Analyst John...

Argus maintains its Buy rating on Danaher Corporation (NYSE: DHR), saying the company is set to deliver continued mid-single-digit core sales growth, which, along with acquisitions and margin expansion, has the potential to drive double-digit earnings growth over time. Recent Acquisitions And...

Argus sees General Electric Company (NYSE: GE) as poised to generate high-single-digit earnings growth over the next five years, and the brokerage's 2016 EPS estimate came in at the top of GE's guidance range. The Quarter "We believe that GE will continue to benefit from its restructuring to focus...

The challenges being faced by Canadian Pacific Railway Limited (USA) (NYSE: CP) already seem to be factored into its share price, Argus’s John Eade said in a report. He maintained a Buy rating on the company, while raising the price target from $155 to $165. Canadian Pacific’s...

Argus said the recent weakness in the shares of Union Pacific Corporation (NYSE: UNP) offers a buying opportunity. Underperformance Union Pacific shares have modestly underperformed the market over the past quarter, rising 2.7 percent versus 3.9 percent gain for the S&P 500. Compared to the...