Argus

Argus increased the price target on Comcast Corporation (NASDAQ: CMCSA) shares from $72 to $81 citing strong subscriber metrics. The brokerage maintains its rating of Buy on the stock. Analyst Joseph Bonner believes the cable firm has strong prospects from Rio Olympics despite mixed second-quarter...

Argus’ Chris Graja expects Whole Foods Market, Inc. (NASDAQ: WFM) to witness reduced sales growth during the current quarter, offset by an increase in share buybacks. Graja maintains a Hold rating on the company. Guidance Cut Management has lowered its square footage growth guidance to 6...

Lockheed Martin Corporation (NYSE: LMT) commenced the exchange offer on July 11, 2016, for the split-off of its government IT infrastructure services business. Argus’ John Eade maintains a Buy rating on the company, with a price target of $290. The Split-Off Lockheed Martin’s government...

Time Warner Inc (NYSE: TWX) reported mixed 2Q results, but raised its full-year guidance. Argus’s Joseph Bonner maintained a Buy rating on the company, saying that its recently announced acquisition of a 10 percent stake in Hulu was likely a hedge against an expected downturn in cable...

Kellogg Company’s (NYSE: K) 2Q performance indicated weak sales in almost every segment, and the operating environment in North America remains challenging, Argus’s David Coleman said in a report. He maintained a Hold rating on the company, while reducing the estimates for 2016....

Argus said the second-quarter results of CVS Health Corp (NYSE: CVS) pacified investor concerns over the company losing PBM business to a rival, as it "appears that was just normal earnings season turnover." CVS reported non-GAAP earnings of $1.32 per share in the second quarter, above the 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,...

Argus has raised its 2016 EPS estimate and price target on the shares of Raytheon Company (NYSE: RTN), saying the company's focus on its international and cybersecurity businesses could generate stronger growth over the next three to five years. Argus, which maintains its Buy rating on the stock,...

Argus' John Eade reiterated Norfolk Southern Corp. (NYSE: NSC)'s near-term Hold rating and long-term Buy rating following the railway company's earnings beat last Wednesday. The analyst has been waiting for a strategic entry point into Norfolk Southern before upgrading to a near-term Buy. Weak...

Argus reiterated its Buy rating and $155 price target on Boeing Co (NYSE: BA), saying recent weakness in the stock offers a buying opportunity. Boeing shares have been underperformers over the past quarter, declining 1 percent compared to an increase of 4.5 percent for the S&P 500. Analyst John...