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Argus Is Bullish On Monsanto Regardless Of Merger Talk Outcome
Wednesday, June 15, 2016 - 9:03am | 307Read More...Argus’ Bill Selesky believes Monsanto Company (NYSE: MON) “continues to offer significant value to long-term investors, either as part of a larger conglomerate or as a standalone company.” Selesky maintains a Buy rating on the company, while raising the price target from $111 to...
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Tesla Shares Still Have 'Significant' Upside; Argus Reiterates $333 Price Target
Tuesday, May 31, 2016 - 3:26pm | 360Read More...Argus sees significant further upside in the shares of Tesla Motors Inc (NASDAQ: TSLA) given the "outlook for improved operational and financial performance, including rapidly accelerating earnings in 2017." "Although Tesla has faced production shortfalls and cost overruns over...
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Argus Reaffirms Anadarko On Focus List, Highlights 'Accelerating Cost Cuts'
Tuesday, May 24, 2016 - 9:37am | 465Read More...Argus has reaffirmed its Buy rating on Anadarko Petroleum Corporation (NYSE: APC) on recent recovery in crude oil prices and accelerating cost cuts. Analyst Justification Anadarko, which is on Argus' "Focus List," gets major share of earnings from its U.S. onshore business — Wattenberg and...
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Argus Upgrades Exxon Mobil To Buy
Wednesday, May 18, 2016 - 10:16am | 274Read More...Argus’ Bill Selesky believes Exxon Mobil Corporation (NYSE: XOM) is “favorably valued relative to peers and continues to benefit from its diverse asset base and strong cost controls.” Selesky upgraded the rating on the company from Hold to Buy, with a price target of $104. The...
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How Financially Stable Is Tesla?
Monday, March 21, 2016 - 10:39am | 251Read More...Tesla Motors Inc (NASDAQ: TSLA) shares are having a green Monday after an upgrade from Argus analyst Bill Selesky to Buy. Amid the analyst's growth and revenue outlook, he also gave an interesting look into Tesla's financial stability. "We rate TSLA's financial strength as Medium, the middle rank...
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Argus Upgrades Tesla To Buy, Sees 2017 Revenue Up 31% From 2016
Monday, March 21, 2016 - 8:18am | 337Read More...Argus’ Bill Selesky upgraded the rating on Tesla Motors Inc (NASDAQ: TSLA) from Hold to Buy, with a price target of $333. Poised For Growth “Although Tesla has faced production shortfalls and cost overruns over the past 18 months, we believe that the company has made progress in...
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Argus Is Buying Barrick Gold: Here's Why
Tuesday, March 15, 2016 - 9:17am | 233Read More...Argus’ Bill Selesky upgraded the rating for Barrick Gold Corporation (USA) (NYSE: ABX) from Hold to Buy, while setting a price target of $18 and citing improving fundamentals of the gold industry. Barrick Gold’s shares have appreciated 89 percent, versus a gain of merely 1.8 percent...
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Argus Downgrades General Motors, Warns 2016 Will Be Auto Market Peak
Monday, February 29, 2016 - 11:37am | 225Read More...Argus' Bill Selesky downgraded the rating on General Motors Company (NYSE: GM) from Buy to Hold. "Despite GM's recent strong performance, we are concerned that 2016 will be the peak of the current cycle for U.S. auto sales," Selesky mentioned. The analyst expects U.S. light vehicle sales in 2016...
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Nabors Industries Shares Decline After Argus Analyst Says Recovery Could Take Longer
Wednesday, December 16, 2015 - 10:31am | 259Read More...Shares of Nabors Industries Ltd. (NYSE: NBR) have declined 37.47 percent year-to-date, almost touching their 52-week low on Monday at $8.63. Argus’ Bill Selesky has downgraded the rating on the company from Buy to Hold. Selesky believes the company would take longer to recover that...
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Argus Upgrades Valero Energy To Buy, Cites 'Strong Volume, Margin Trends'
Wednesday, December 16, 2015 - 9:04am | 296Read More...Valero Energy Corporation (NYSE: VLO) shares are up 11 percent in the last three months, while having lost 3 percent since December 11. Argus’ Bill Selesky upgraded the rating on the company from Hold to Buy, while establishing a price target of $78. The upgrade reflects strong...
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Argus Downgrades Apache Corp. To Hold, Cites Falling Oil Price
Tuesday, December 15, 2015 - 9:54am | 347Read More...Apache Corporation (NYSE: APA) shares have gained 8 percent over the last three months, after having declined steadily since mid-April. Argus’ Bill Selesky downgraded the rating on the company from Buy to Hold. The company may report another loss in 4Q15 and in 2016, since oil...
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Argus Slashes Pep Boys From Buy To Sell
Tuesday, November 24, 2015 - 9:31am | 285Read More...Pep Boys-Manny Moe and Jack (NYSE: PBY) shares are up 54 percent year-to-date, having spiked from around $12 to $14.99 between October 23 and 26. Argus analyst Bill Selesky downgraded the rating on the company from Buy to Sell, while maintaining the price target at $15. The stock has...
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7 Of The Most Hated Stocks In The Market
Thursday, March 6, 2014 - 5:31pm | 1913Read More...While some companies appear to do well no matter what, public perception can still play an important role in a company's long-term fortunes. Poor management, bad publicity, unpopular or outdated products and just plain nausea from a roller coaster economy can all erode investor confidence in a...
