Argus Research

Jim Kelleher, Director of Research at Argus Research is convincingly bullish on the stock market's outlook. Kelleher's short-term technical indicator remains "well above the high end of neutral" despite a slight dip in the market over the past few trading sessions. In addition...

David Toung and Casey Meyers, analysts at Argus Research, reaffirmed a Buy rating on AbbVie Inc (NYSE: ABBV) on Monday with an $85 price target following the company's "strong" second quarter earnings print. The analysts noted that not only were AbbVie's results driven by sales of Humira and...

  Pre-open movers U.S. stock futures traded higher in early pre-market trade. Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET, while factory orders report for June will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average...

Everyone loves a turnaround story, and corporate America can turn to T-Mobile US Inc (NASDAQ: TMUS) for a perfect example, at least according to Joseph Bonner of Argus Research, as the company evolved from a "turnaround story to an industry powerhouse." In a research report published Wednesday,...

For some, August marks the beginning of the end of summer. For others, August is time for back to school shopping. For many investors, however, August is also a rally killer month. According to analysts at Argus Research, the current "unsettled environment" in the stock market also happens to be "...

Major U.S. equity indices rose throughout July, but at the same time, bonds have also performed well. According to analysts at Argus Research, for the first time in seven months, the Barclays U.S. Aggregate Bond Index gained 4.6 percent. The question many investors are now asking is what is the...

Earnings season is a busy time for investors, traders and especially Wall Street analysts. Here is a selection of some of the more notable Wall Street analyst calls from Thursday. U.S. Steel: Analysts Are Mixed Analysts at Bank of America downgraded United States Steel Corporation (NYSE: X) to...

There is little doubt among investors that the stock market's ability to shake off a jittery start to the year and the surprising Brexit voting result have been impressive. The analytically cautious outlook is also the view of analysts at Argus Research. In a research report dated Wednesday, the...

A new week full of earnings is ahead of us. Here is a look at what analysts at Argus Research are most focused on. Earnings, Earnings, Earnings Earnings season moves into to full force this week with many giants within the Energy, Industrial, Healthcare, Consumer and Technology segment...

Argus Research said the Markit merger would help IHS Inc. (NYSE: IHS) diversify its revenue base to financials and offset the downturn in energy sector. The Merger IHS agreed to merge with London-based financial information services provider Markit on March 21. The merged entity will be called IHS...

David Coleman of Argus Research still expects Chesapeake Energy Corporation (NYSE: CHK) to report a loss in 2016 due to weakness in commodity prices. Coleman maintains his 2016 loss forecast of $0.36 per share and sees only modest earnings in 2017. The analyst projects 2017 adjusted earnings...

Argus Research has initiated coverage of Republic Services, Inc. (NYSE: RSG) with a Hold rating, saying that although the waste management company is "well-run," it sees limited near-term upside for the stock. "We view RSG as a well-run company, but expect only modest increases in revenue and...

The impact of presidential elections has generally been negative on the stocks, as it disrupts the three seasonally strongest months of October, November and December, according to a note from Argus Research. Analyst Jim Kelleher noted that, since 1980, monthly gains have averaged 1.44 percent in...

On Thursday, Argus Research issued a company note on Toll Brothers Inc (NYSE: TOL) on the back of news that the company expects solid demand for their home deliveries in 2016. Currently, Argus rates Toll Brothers as a Buy with a $43 price target. Chris Graja, an analyst at Toll Brothers, wrote, "...