Argus

Argus has raised its EPS estimates on Newmont Mining Corp (NYSE: NEM) after solid second-quarter results. But, it kept its Hold rating on the stock, saying the company is "less well positioned" to benefit from future rise in gold prices as it lags most competitors in controlling costs. Driven by...

Argus provided its outlook on Sanmina Corp (NASDAQ: SANM) in its Wednesday Market Digest. According to the analysts, investors overreacted to 4Q guidance and erased half the year-to-date gains. "Investors appear to fear a more extended period of soft demand trends ahead. In our view, Sanmina...

There is little doubt among investors that the stock market's ability to shake off a jittery start to the year and the surprising Brexit voting result have been impressive. The analytically cautious outlook is also the view of analysts at Argus Research. In a research report dated Wednesday, the...

Argus reiterated its Buy rating and raised its price target on eBay Inc (NASDAQ: EBAY) by $3 to $36 as the company looks to gain ground as a more focused e-commerce retailer post last year's Paypal Holdings Inc (NASDAQ: PYPL) spinoff. "Going forward, it will need to show that it can...

Argus maintains its Hold rating on Stanley Black & Decker, Inc. (NYSE: SWK), as it believes the shares of the company are fairly valued based on its dividend discount model and a comparison of peer and market multiples. The firm noted that the company's second-quarter earnings per share of $1....

Argus maintains AT&T Inc. (NYSE: T) at Buy and raised its 2016 estimates and price target, premising its actions on attractive valuation metrics. The firm's analyst Joseph Bonner noted that the company is transforming into a 21st-century data and content delivery network, employing wireless...

Argus reiterated its Buy rating on Flextronics International Ltd. (NASDAQ: FLEX), which recouped some of its losses after a selloff on concerns that the company's traditional business in the communications & enterprise compute segment could weaken going forward. Negatives "As demonstrated by...

Argus sees General Electric Company (NYSE: GE) as poised to generate high-single-digit earnings growth over the next five years, and the brokerage's 2016 EPS estimate came in at the top of GE's guidance range. The Quarter "We believe that GE will continue to benefit from its restructuring to focus...

D.R. Horton, Inc. (NYSE: DHI) reported its 3Q16 results, with the EPS in line with the consensus and representing a 13 percent rise from the year-ago period. Argus’ Stephen Biggar maintains a Buy rating on the company, while reiterating a price target of $39. Middle Of The Upcycle Biggar...

The challenges being faced by Canadian Pacific Railway Limited (USA) (NYSE: CP) already seem to be factored into its share price, Argus’s John Eade said in a report. He maintained a Buy rating on the company, while raising the price target from $155 to $165. Canadian Pacific’s...

Argus has raised its estimates and price target on Genuine Parts Company (NYSE: GPC), while reaffirming its Buy rating on the stock. Analyst Christopher Graja has hiked Genuine Parts target price by $2 to $108, representing a potential gain, including the dividend, about 12 percent from current...