Argus

On February 10, the U.S. Securities and Exchange Commission initiated an investigation into the accounting practices at Hain Celestial Group Inc (NASDAQ: HAIN). “We expect that the investigation will, at a minimum, require Hain to issue restated financials,” Argus analysts said in a...

Shares of Activision Blizzard, Inc. (NASDAQ: ATVI) is still a Buy at Argus even after shares climbed 20 percent following the company’s strong fourth-quarter results, which were powered by "Overwatch" and King Digital’s "Candy Crush." Video Games The February 2016 acquisition of King...

Argus downgraded Johnson Controls International plc Ordinary Share (NYSE: JCI) to Hold from Buy, saying that the company’s top-line growth is proving more challenging than initially expected. In this scenario, the brokerage would become constructive on the stock only in the mid-30s. “...

Reviewing Twilio Inc (NYSE: TWLO)'s fourth-quarter results, Argus said in a note on Thursday the stock appears fully valued despite the pullback that followed a secondary offering just after the third quarter. That said, the firm believes Twilio's growth opportunities could grow substantially in...

Analysts at Argus downgraded Starbucks Corporation (NASDAQ: SBUX) to Hold from Buy under the assumption that the coffee chain's growth has slowed. The analysts highlighted Starbucks' fiscal first quarter earnings report, which showed just a 3 percent global comps growth while U.S. comps...

During United States Steel Corporation’s (NYSE: X) Q4 earnings call, management highlighted continued improvement in product mix and cost structure in 2016 and announced bullish 2017 guidance. The company would likely return to profitability this year and the estimates are being revised...

Harley-Davidson Inc (NYSE: HOG) has been facing pressure from aggressive discounting by competitors and weak domestic demand; and the company does not seem to have the ability to respond promptly to changing consumer trends, Argus’s David Coleman said in a report. He maintains a Hold rating...

Although shares of Honeywell International Inc. (NYSE: HON) have underperformed the market and industry ETFs over the past year, the company’s “long-term record is sterling, with 5- and 10-year outperformance against the market and the industry, Argus’s John Eade said in a report...

Alphabet Inc (NASDAQ: GOOGL) is among the tech industry’s leaders, but shares appear “attractively valued,” in view of the company’s “rapidly expanding businesses,” Argus’s Joseph Bonner said in a report. He maintained a Buy rating on the company, with a...

Argus has upgraded Royal Caribbean Cruises Ltd (NYSE: RCL) to Buy from Hold on strong market opportunities and few competitors. Upgrade And Justification The upgrade came after Royal Caribbean, the No. 2 cruise line, reported better-than expected quarterly earnings. Lower-than-expected net cruise...

E I Du Pont De Nemours And Co (NYSE: DD) reported its Q4 2016 EPS ahead of expectations. The company has posted earnings growth in recent quarters and its merger with Dow Chemical Co (NYSE: DOW) appears on track to be completed by the end of Q2 2017, Argus’s Bill Selesky said in a report....

Splunk Inc (NASDAQ: SPLK)'s revenue slowed from the “super-fast” growth seen a few years ago, and Argus’ Joseph Bonner noted that with the shares appearing fairly valued, it is better to stay on the sidelines for now. Bonner initiated coverage of the company with a Hold rating....