Argus

Following Mastercard Inc (NYSE: MA)'s Investor Day on September 7, Argus’ Stephen Biggar mentioned that “management’s presentation showed that MasterCard is actively preparing for the new payments landscape.” Biggar maintains a Hold rating on the company. Addressing Concerns...

Argus commenced coverage on Fortive Corp (NYSE: FTV), which is a spun-off firm from Danaher Corporation (NYSE: DHR) and started trading since July 5. Analyst John Staszak believes the stock merited a Hold rating, citing the stock is fairly valued at current levels. While the brokerage has kept an...

Shares of Kroger Co (NYSE: KR) were down 4 percent on the day, but analyst Christopher Graja of Argus recommends investors Buy the shares ahead of the company's second-quarter earnings on Friday. "We expect the company to continue using innovative strategies to extend an 11-year streak of gaining...

Close on the heels of Verifone Systems Inc (NYSE: PAY)'s lower-than-expected outlook for the full year, Argus analyst Stephen Biggar followed other brokerages to downgrade the stock to a Hold rating from Buy. The brokerage believes slower upgrade of EMV terminal has hurt VeriFone, especially from...

Argus maintains its Hold rating on Dollar General Corp. (NYSE: DG) and said the company has a substantial opportunity to boost sales by opening additional small-format stores. The brokerage said the company's fleet of nearly 12,500 stores differentiate themselves in a crowded retail landscape for...

Argus analyst Jacob Kilstein believes Metlife Inc (NYSE: MET) shares face uncertainty following the Treasury Department's move to appeal a federal judge decision to rescind the company's SIFI designation. The analyst feels rescinding the SIFI status would free up capital, and such capital could be...

Argus analyst Jim Kelleher sees Broadcom Ltd (NASDAQ: AVGO) as ahead of schedule regarding its post-merger integration. Although the stock delivered a 20 percent year-to-date gain, the analyst feels the stock does not present its significant growth potential. Therefore, the analyst lifted his price...

Argus reiterated its Buy rating on Allstate Corp (NYSE: ALL) and raised its price target by $2 to $76 after the company improved its combined ratio in the first half of 2016, a sign of improving profitability. Rating And Expectations Also, Allstate is becoming shareholder friendly, as it recently...

Following the robust Q3:16 results and solid margin guidance for Q4:16, Ciena Corporation (NYSE: CIEN) shares rose 7 percent. Argus’ Jim Kelleher reiterated a Buy rating on the company, with a price target of $30. Growing Faster Than Peers “The company continues to grow revenue faster...

Packaging Corp Of America (NYSE: PKG) announced a 15 percent hike in its quarterly dividend. Although Packaging Corp’s shares have outperformed over the past three months, the stock appears favorably valued relative to peers, Argus’s David Coleman said in a report. He maintained a Buy...

Although Regency Centers Corp (NYSE: REG) continued to report robust operating results, the stock is currently trading at a premium to peers and above its five-year historical average for price/FFO. Argus’ Jacob Kilstein maintains a Hold rating on the company, while stating the stock appeared...

Boston Scientific Corporation (NYSE: BSX) shares are trading marginally above its peer multiple, which Argus’ David Toung believes still makes the stock attractive, given the company’s robust growth prospects. Toung upgraded the rating on Boston Scientific from Hold to Buy with a price...