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If Splunk's Revenue Accelerates, Shares Could Quickly Command A Higher Premium
Friday, January 27, 2017 - 11:58am | 263Read More...Splunk Inc (NASDAQ: SPLK)'s revenue slowed from the “super-fast” growth seen a few years ago, and Argus’ Joseph Bonner noted that with the shares appearing fairly valued, it is better to stay on the sidelines for now. Bonner initiated coverage of the company with a Hold rating....
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Will Netflix Be Drowned By The Content-On-Demand Wave It Helped Create?
Friday, January 20, 2017 - 11:11am | 386Read More...While delivering strong subscriber growth in Q4 2016, Netflix, Inc. (NASDAQ: NFLX) management indicated that these gains could moderate in Q1 2017 amid tough comps. The company’s stock valuation continues to be “significantly higher than peers,” Argus’s Joseph Bonner...
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T-Mobile: From Turnaround Story To Industry Powerhouse
Wednesday, January 11, 2017 - 9:21am | 351Read More...T-Mobile US Inc (NASDAQ: TMUS) has announced robust preliminary volume data for Q4 2016, while also announcing a series of new service plan innovations. Argus analyst Joseph Bonner maintained a Buy rating on the company, while raising the price target from $61 to $70. Industry Powerhouse...
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Disney's Management Calls 2017 Revenue Headwinds An 'Anomaly'
Monday, November 14, 2016 - 12:02pm | 323Read More...Walt Disney Co’s (NYSE: DIS) revenue and earnings declined in Q4 due to difficult comps. Although management warned of “modest growth” in FY 2017, they noted this would likely be an “anomaly” in the company’s earnings “growth trajectory.” Disney...
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Why Comcast Makes A Good Growth Stock
Tuesday, September 27, 2016 - 11:41am | 332Read More...Comcast Corporation (NASDAQ: CMCSA) announced at its investor meeting that it intends to launch an integrated wireless service in mid-2017. Argus’ Joseph Bonner maintained a Buy rating on the company, with a price target of $81. Wireless Service “Comcast’s having its own...
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Adobe Systems Q3 Results Show New Strategy Gaining Traction
Friday, September 23, 2016 - 10:55am | 281Read More...Argus raised its price target on shares of Adobe Systems Incorporated (NASDAQ: ADBE) by $17 to $127 as the strong quarterly results suggest the company's transition from a perpetual-license model to a cloud-based software-as-a-service model is gaining traction. Investors enthusiasm was...
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Oracle Corporation Is At Risk From Competitors Like Salesforce
Monday, September 19, 2016 - 11:56am | 370Read More...Argus warned that Oracle Corporation (NYSE: ORCL) faces tough competition from cloud specialists, primarily from salesforce.com, inc. (NYSE: CRM), which is the market leader in the fragmented cloud CRM software market. "As an enterprise IT incumbent with a large installed client base, Oracle is at...
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Palo Alto Is A 'Next Generation Leader' In Argus' View
Thursday, September 1, 2016 - 8:50am | 347Read More...Palo Alto Networks Inc (NYSE: PANW) has superior technology, and is a “next-generation leader in the enterprise security space,” Argus’s Joseph Bonner said in a report. He maintained a Buy rating on the company, with a price target of $205, following strong July quarter results...
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Argus Boosts Activision Earnings Estimates, Thinks Stock Should Trade At A Premium
Wednesday, August 24, 2016 - 10:30am | 305Read More...The acquisition of King Digital Entertainment PLC (NYSE: KING) “catapults” Activision Blizzard, Inc. (NASDAQ: ATVI) into mobile casual gaming, which is the fastest-growing segment of the videogame industry, Argus’s Joseph Bonner said in a report. He reiterated a Buy rating on...
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Argus Sees Regulatory Conditions On Charter's Acquisitions Having Minimal Impact On Achieving Synergies
Tuesday, August 23, 2016 - 3:50pm | 325Read More...Argus reiterated its Buy rating on Charter Communications, Inc. (NASDAQ: CHTR) saying that the regulatory conditions over deals with Time Warner Cable and Bright House Networks will have only a minimal impact on the company's ability to achieve merger synergies. Charter expects $800 million...
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Electronic Arts Has A Strong Fall Release Slate, But The Stock Is Fairly Valued Right Now
Friday, August 19, 2016 - 12:54pm | 274Read More...Electronic Arts Inc. (NASDAQ: EA) reported weaker Q1 results, although the EPS beat the consensus and the non-GAAP revenue came in ahead of the guidance. Argus’ Joseph Bonner maintained a Hold rating on the company. Q1 Results Bonner mentioned that the company “posted weaker...
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Starz Acquisition Still Carries 'Significant Risks' For Lions Gate Entertainment
Thursday, August 18, 2016 - 1:39pm | 449Read More...Argus reaffirmed its Buy rating on Lions Gate Entertainment Corp. (USA) (NYSE: LGF), despite saying that the $4.4 billion Starz acquisition carries "significant risks" for the company. The acquisition combines Lions Gate's content production and library assets with Starz's premium cable...
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High Costs, Disappointing Summer At The Box Office Keep Fox Stuck In 'Slow Growth Mode'
Wednesday, August 17, 2016 - 11:42am | 280Read More...Argus' Joseph Bonner commented on Twenty-First Century Fox Inc (NASDAQ: FOX) (NASDAQ: FOXA)'s challenging outlook and overhang from the Roger Ailes scandal. Due to upcoming concerns, Bonner reiterated the company's Hold rating. Fox In ‘Slow Growth Mode' Bonner believes Fox will remain in "slow...
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Scripps Networks Interactive Shares Attractively Priced, Says Argus
Tuesday, August 16, 2016 - 2:58pm | 390Read More...Argus maintains its Buy rating and $100 price target on Scripps Networks Interactive, Inc. (NASDAQ: SNI), saying the company benefits from ratings growth in a strong scatter advertising market. The brokerage noted that HGTV and the Food Network remain key growth drivers, as the company expands...
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Revenue Headwinds Keep These Analysts Sidelined On Viacom
Monday, August 15, 2016 - 10:30am | 419Read More...Viacom, Inc. (NASDAQ: VIA) (NASDAQ: VIAB) reported another set of weak quarterly results. In order to reverse declining ad revenues at the core media networks division, Viacom would need to make substantial reinvestment in new programming and channels, Argus’s Joseph Bonner said in a report,...












