Argus

Shares of Sun Life Financial Inc (NYSE: SLF) have gained 15 percent since the U.S. presidential election and are currently trading above the peer median. The stock now appears “fully valued,” Argus’s Jacob Kilstein said in a report. He downgraded the rating on Sun Life from Buy to...

Argus sees 21 percent further upside in Micron Technology, Inc. (NASDAQ: MU) shares, which climbed 12 percent Thursday following strong quarterly results and guidance. Argus: Buy Rated, $28 Price Target Analyst Jim Kelleher has raised the price target by $6 to $28, implying a potential return of 21...

Argus maintains its Buy rating and raised the price target on Charles Schwab Corp (NYSE: SCHW) shares by $10 to $46 on optimism over financial deregulation and potential for a Fed rate hike. “Optimism over the potential for financial deregulation under a Trump administration and faster growth...

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...

Argus’ Bill Selesky noted that ever since it became an independent E&P company in 2011, Marathon Oil Corporation (NYSE: MRO) has successfully divested its high cost, lower production non-core assets “in favor of higher-margin, higher-producing North American unconventional oil, gas...

Regency Centers Corp (NYSE: REG) is trading just above its 52-week low of $64.82 at $68.67 and down around 20 percent from its high-point in late July. Argus analyst Jacob Kilstein upgraded the stock to Buy from Hold and placed an $80 target price on the stock, citing the discounted share price and...

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...

Since the market’s response to Allergan plc Ordinary Shares (NYSE: AGN)’s disappointing earnings and reduced guidance on November 2, shares are trading just above the company's 52-week low of $184.50. Rating's Thesis Argus maintains its Buy rating for the stock while drastically lowing...

While Argus’ Christopher Graja believes there has been potential for upside in J C Penney Company Inc (NYSE: JCP) shares, the analyst noted the company has significant work ahead of it, especially associated with driving sales growth during a time when there would be flat to negative mall...

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...

Real GDP (gross domestic product) rose at a 3.2 percent rate in Q3, according to a preliminary report from the Bureau of Labor Statistics. This represented the best sequential growth rate since GDP rose 5.0 percent in Q3 of 2014. Argus’s Jim Kelleher said the latest strong GDP reading...

Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) has reported higher comp sales for the past 10 successive quarters. Argus’ John Staszak upgraded the rating on the company from Hold to Buy, with a price target of $190. Improvements Expected Staszak believes the company’s “...