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Presidential Election, Rio Olympics Expected To Give One-Two Punch To Tegna's Top and Bottom Line Growth
Thursday, August 11, 2016 - 7:20am | 326Read More...After a transitional 2015, Tegna Inc (NYSE: TGNA) could generate solid revenue and profit growth in 2016, Argus’s Joseph Bonner said in a report. He maintained a Buy rating on the company, with a price target of $33, saying that the shares seemed “attractively valued relative to peers...
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3 Turnaround Stories Getting Love From Sell-Side Analysts
Tuesday, August 9, 2016 - 9:05am | 380Read More...Taking a look back at last week's Benzinga Pro headlines, there are several stocks whose turnaround story have been under the watchful eye of sell-side analysts. The Headline: "Chardan Analyst Believe iPass Inc. (NASDAQ: IPAS)' Turnaround Strategy Is Working - also upgraded the...
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Stronger Subscriber Numbers Earn Comcast A Price Target Increase From Argus
Monday, August 8, 2016 - 4:36pm | 345Read More...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...
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Time Warner's Stake In Hulu Likely A Hedge Against Declining Cable Subscriptions
Friday, August 5, 2016 - 8:29am | 305Read More...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...
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T-Mobile: From Turnaround Story To Industry Powerhouse
Wednesday, August 3, 2016 - 2:10pm | 366Read More...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,...
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ServiceNow's Strong Quarter Has Argus Raising Full-Year Estimates
Wednesday, August 3, 2016 - 10:07am | 356Read More...Although ServiceNow Inc (NYSE: NOW) shares have appreciated 30 percent since they saw market bottom in February 2016, Argus’ Joseph Bonner believes the current stock valuation “contrasts well with what could be a strong revenue and profit ramp over the next few years.” Bonner...
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Argus Says Alphabet's Q2 Results Should Put Investors' Doubts To Rest
Monday, August 1, 2016 - 9:50am | 431Read More...Argus said the second-quarter results of Google-owner Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) has put the investor debate about its relevance to mobile search and advertising to rest. Alphabet's second-quarter results beat consensus projections by 4 percent on the top line and by 5 percent on...
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Argus Reiterates Buy Rating For Verizon On 'Slackening' Competition
Wednesday, July 27, 2016 - 1:52pm | 294Read More...Verizon Communications Inc. (NYSE: VZ) and its impressive 4.1 percent dividend has been one of the hottest large cap stocks in the market in 2016. Despite the stock’s 19.1 percent year-to-date gain, Argus analyst Joseph Bonner still sees significant upside for the stock following the...
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Even After Post-Earnings Spike, Argus Says AT&T Valuation Remains Favorable
Monday, July 25, 2016 - 1:57pm | 488Read More...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...
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Anxious Argus And The Gap In Microsoft's Product Mix (RIP, Windows Phone)
Friday, July 22, 2016 - 2:06pm | 431Read More...Argus remains concerned with the "large hole" in Microsoft Corporation (NASDAQ: MSFT)'s product line left by the slow demise of the Windows phone. "Without a clear mobile strategy, Microsoft again risks falling behind nimbler competitors," analyst Joseph Bonner wrote in a note. Argus reiterated its...
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Cash Burn And Chill? Argus Sees Debt In The Future For Netflix
Wednesday, July 20, 2016 - 11:43am | 373Read More...Netflix, Inc. (NASDAQ: NFLX) shares declined 14 percent after market close on July 18 following the disappointing 2Q16 member additions, which missed the already weak guidance. Argus’ Joseph Bonner reiterated a Hold rating on the company. Cash Burn “We expect higher costs for new...
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How Reasonable Is The Lions Gate-Starz Deal?
Friday, July 8, 2016 - 10:00am | 329Read More...Lions Gate Entertainment Corp. (USA) (NYSE: LGF) intends to acquire premium cable network company, Starz (NASDAQ: STRZA) in a cash and stock deal worth a total enterprise value of $4.4 billion. Argus’ Joseph Bonner reiterated a Buy rating on Lions Gate Entertainment, with a price target of $...
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Will IHS Offset Energy Sector Slump With Markit Merger?
Wednesday, June 29, 2016 - 2:50pm | 338Read More...Argus Research said the Markit merger would help IHS Inc. (NYSE: IHS) diversify its revenue base to financials and offset the downturn in energy sector. The Merger IHS agreed to merge with London-based financial information services provider Markit on March 21. The merged entity will be called IHS...
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Argus On LinkedIn Following Microsoft Buyout News: Acceleration Likely Under Microsoft
Tuesday, June 14, 2016 - 10:22am | 198Read More...Argus' Joseph Bonner downgraded LinkedIn Corp (NYSE: LNKD) to hold after Microsoft Corporation (NASDAQ: MSFT) announced Monday it had agreed to acquire LinkedIn for $196.00 per share. Argus downgraded the company after the share price reached past the analyst's former target price of $190.00....
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Disney Investors Should Be Encouraged By Shanghai Disneyland, Media Networks
Thursday, May 12, 2016 - 10:12am | 306Read More...Walt Disney Co (NYSE: DIS) reported margin expansion for the March quarter. Argus’ Joseph Bonner maintained a Buy rating for the company, with a price target of $129. The analyst commented that investments in Shanghai Disneyland were positioning the company for long-term growth, while Media...















