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Argus Lowers Palo Alto's PT To $205, Reiterates Long-Term Buy Rating
Wednesday, March 2, 2016 - 9:18am | 254Read More...Argus’ Joseph Bonner maintained a Buy rating for Palo Alto Networks Inc (NYSE: PANW), while reducing the price target from $227 to $205. He mentioned that Palo Alto’s growth is expected to be driven by the company’s superior technology, market share gains, sales of additional...
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Argus: LinkedIn At Rock Bottom, Still Worth $190
Monday, February 8, 2016 - 10:02am | 274Read More...LinkedIn Corp (NYSE: LNKD) shares plummeted 44 percent on February 5. Argus’ Joseph Bonner maintained a Buy rating for the company, while reducing the price target to $190. Bonner believes that LinkedIn is a growth stock and that the selloff appears overdone. “The Street...
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Wall Street Analyst Upgrades Comcast To Buy Amid 'Unfair' Billing Complaints On Capitol Hill
Monday, February 8, 2016 - 8:44am | 324Read More...Comcast Corporation (NASDAQ: CMCSA) shares are down 4 percent since November 9. Argus’ Joseph Bonner upgraded the rating for the company to Buy, while establishing a price target of $72. The company’s strong 4Q subscriber metrics indicate that concerns are overblown, Bonner...
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Argus: Amazon 'Fully Valued,' Worth Buying If It Falls To Low $500s
Monday, February 1, 2016 - 10:45am | 296Read More...Amazon.com, Inc (NASDAQ: AMZN) shares have gained 7 percent since August 3. Argus’ Joseph Bonner maintained a Hold rating for the company. While Amazon continues to have strong fundamentals and a competitive edge, its shares are fully valued at present, Bonner stated. Analyst...
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Argus Cuts Symantec To Hold
Friday, December 4, 2015 - 10:15am | 227Read More...Symantec Corporation (NASDAQ: SYMC) have declined 23.17 percent year-to-date, with the share price almost touching the 52-week low on November 27. Argus' Joseph Bonner has downgraded the rating on the company from Buy to Hold. Although the stock has been meaningfully lagging the...
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Argus Upgrades Palo Alto To Buy, Sets $227 Target
Wednesday, November 25, 2015 - 9:50am | 299Read More...Palo Alto Networks Inc (NYSE: PANW) shares having appreciated 49.33 percent year-to-date, reaching a high of $182.50 on November 24. Argus’ Joseph Bonner has upgraded the rating on the company to Buy, with a price target of $227. Apart from its superior technology, Bonner expects...
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Argus Says Buy Facebook, Sets $115 Price Target
Thursday, October 15, 2015 - 9:30am | 409Read More...Facebook Inc (NASDAQ: FB) shares have risen 18.75 percent year-to-date, from a low of $74.05 on January 15. Argus’ Joseph Bonner has upgraded the company from Hold to Buy, with a price target of $115. Bonner believes that the company has successfully transitioned from desktop...
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Argus, Baird Talk Amazon After Earnings
Monday, April 27, 2015 - 3:12pm | 643Read More...Amazon.com, Inc. (NASDAQ: AMZN) reported first quarter earnings last week on April 23 and analysts are still coming in with new ratings on the stock. The e-commerce giant posted increased revenue driven by growth on its cloud platform and increased North American sales. Amazon’s stock shot...
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Argus Analyst: Ads Still Key To Google Results
Monday, February 2, 2015 - 2:37pm | 266Read More...Google Inc (NASDAQ: GOOGL) chalked up its fifth consecutive quarterly earnings miss last week, but an analyst said Monday its fast growth continues to make the company an attractive investment. Argus's Joseph Bonner maintained a Buy rating and $675 target, but trimmed his 2015 earnings...
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UPDATE: Argus Upgrades Amazon, Sees Massive 51% Upside
Wednesday, April 16, 2014 - 2:10pm | 142Read More...On Wednesday, Argus upgraded shares of Amazon (NASDAQ: AMZN) from Hold to Buy and set a price target of $480. The $480 price target represents a massive 51.2 percent upside from current levels. The pullback off $400 to $305 “reflects a reversal in market momentum for internet-based tech stocks in...
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UPDATE: Argus Says Facebook Focusing on User Base Growth, Not Monetization
Monday, March 17, 2014 - 12:42pm | 108Read More...On Monday, Argus downgraded shares of Facebook (NASDAQ: FB) from Buy to Hold. Shares are down 1.09 percent to $66.99, while broader indexes recover some losses from last week. Joseph Bonner, analyst at Argus, feels Facebook management is “again emphasizing long-term growth in the user base over...
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Argus' Market Digest Summary
Friday, November 1, 2013 - 10:47am | 869Read More...Argus published its Market Digest on the analysis of Facebook Inc. (NASDAQ: FB), Enterprise Products Partners LP (NYSE: EPD), Brinker International Inc. (NYSE: EAT), Gilead Sciences Inc. (NASDAQ: GILD), Pfizer Inc. (NYSE: PFE), Rockwell Collins Inc. (NYSE: COL), Seagate Technology plc (NASDAQ: STX...
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Verizon’s ARPU, Profitability To Be Affected In Near Term
Wednesday, April 7, 2010 - 1:00pm | 158Read More...Analyst Joseph Bonner of Argus maintains his "hold" rating on Verizon Communications Inc (NYSE: VZ). According to Argus, Verizon Communications “has responded to competitive pressures in the wireless business by forging new alliances (like the one with Google) and simplifying its pricing plans,...
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ATVI Shares Continue to be Undervalued: Argus
Tuesday, November 24, 2009 - 2:30pm | 140Read More...Analyst Joseph Bonner of Argus reiterated his “buy” rating for Activision Blizzard Inc (NASDAQ: ATVI). The target price is set to $18. According to Argus, the adverse affect of weak consumer spending is much more on ATVI's lower-tier games than the top-selling titles. With ATVI owning a large...


