Argus

Lockheed Martin Corporation (NYSE: LMT) shares have underperformed the market over the past quarter, appreciating 1 percent as compared to the 8 percent rise in the S&P 500. Argus’ John Eade maintains a Buy rating on the company, with a price target of $290. Favorable View The analyst...

Notwithstanding the broader market rally, pharmacy benefit managers, or PBMs, saw weakness on Wednesday amid fears that President Donald Trump has his eyes trained on this space. The reason? Trump is apparently suspecting these companies are colluding with drug manufacturers in jacking up prices...

Wal-Mart Stores Inc (NYSE: WMT) would need to improve its return on invested capital significantly to become “a multiyear outperformer,” Argus’s Chris Graja said in a report. He maintains a Hold rating on the company. In 3Q17, Wal-Mart’s trailing 12-month return on...

While delivering strong subscriber growth in Q4 2016, Netflix, Inc. (NASDAQ: NFLX) management indicated that these gains could moderate in Q1 2017 amid tough comps. The company’s stock valuation continues to be “significantly higher than peers,” Argus’s Joseph Bonner...

The stage is set for Donald Trump to take over following eight years of Democrat President Barack Obama being in office. The economy behaved relatively well under Obama. Argus, in a note released on Thursday said Trump has been elected on a mix of discontent and hope: discontent at the economy...

T-Mobile US Inc (NASDAQ: TMUS) has announced robust preliminary volume data for Q4 2016, while also announcing a series of new service plan innovations. Argus analyst Joseph Bonner maintained a Buy rating on the company, while raising the price target from $61 to $70. Industry Powerhouse...

Trump’s victory could prove to be a positive for American International Group Inc (NYSE: AIG), which would benefit from easing regulations and lower taxes, Argus’s Jacob Kilstein said in a report. “We have a positive view of AIG’s leading position in global P&C and U.S...

Argus’ John Staszak believes Darden Restaurants, Inc. (NYSE: DRI) shares appear favorable, and the company is among the best managed casual dining companies in Argus’ coverage universe. Staszak upgraded the rating on Darden Restaurants from Hold to Buy, with a price target of $88....

Argus’ Stephen Biggar expressed a positive stance on Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B), given the stock returns “have more than doubled those of the S&P 500 since 1965” at a CAGR pf 20.8 percent. Biggar initiated coverage of the company with a Hold rating....

Argus analysts reiterated a Buy rating on Xilinx, Inc. (NASDAQ: XLNX) and raised the price target by $10. Xilinx, a technology company that designs and produces programmable logic devices, was assigned a target of $70 primarily inspired by increased market demand for the corporation’s...

Perrigo Company plc Ordinary Shares (NYSE: PRGO) is considering the potential sale of its non-core businesses, including the lucrative royalty stream from MS drug Tysabri and the prescription pharmaceutical segment. Argus’ Jacob Kilstein maintains a Hold rating on the company. Concerns...

New York Times Co (NYSE: NYT)'s core business sector has been experiencing a secular decline, and although the company has been expanding its digital business, revenues from this segment are unlikely to contribute significantly to total revenue for at least four years, Argus’s John Eade said...

While NVIDIA Corporation (NASDAQ: NVDA) shares have outperformed the semiconductor index as well as the broader market by a significant margin in 2016, Argus’ Jim Kelleher believes there still is meaningful room for further gains. Kelleher maintains a Buy rating on the company, while raising...

After a strong third quarter with a 7-percent revenue increase, Regeneron Pharmaceuticals Inc (NASDAQ: REGN) justifies a Buy rating from Argus analysts with a $450 target. Analysts also increased Regeneron's 2016 EPS estimate from $11 to $11.58 after the company's GAAP EPS rose 25 percent. Although...