Argus

The near-term doesn't hold out much promise for Carnival Corp (NYSE: CCL), according to an analyst at Argus. The Analyst John Staszak downgraded shares of Carnival from Buy to Hold. The Thesis Carnival is in for a turbulent near-term due to the challenges posed by "difficult prior-year...

A sell-side analyst cited product supply and manufacturing issues, as well as sales declines, in a Friday downgrade of medical device maker Zimmer Biomet Holdings Inc (NYSE: ZBH). The Analyst  Argus analyst David Toung downgraded Zimmer Biomet from Buy to Hold. The Thesis Zimmer has ...

Argus Capital Markets analyst John Staszak on Friday downgraded Southwest Airlines Co (NYSE: LUV) from Buy to Hold. The Thesis The analyst believes Southwest is well-managed and financially strong, but that shares are fairly valued at its current price. The low-cost airline is focused on the...

Strong fee income, a better efficiency ratio than peers and credit quality are behind Argus' bullish Fifth Third Bancorp (NASDAQ: FITB) thesis.  The Analyst Argus analyst Stephen Biggar initiated coverage of Fifth Third with a Buy rating and $36 price target.  The Thesis The bank...

Emergent Biosolutions Inc (NYSE: EBS), a maker of vaccines and products for infectious diseases as well as chemical, biological or nuclear attacks, picked up a sell-side bull Wednesday.  The Analyst Argus analyst Mike Jaffe initiated coverage of Emergent BioSolutions with a Buy and $62...

The WTI grade of crude oil has gained about 8.5 percent year-to-date and is at $65-plus per barrel. Oil breached the $70-a-barrel level in May, although it has pulled back since then.  An Argus analyst said rising oil prices will work in favor of oil and gas exploration and production company...

The lofty price paid by International Flavors & Fragrances Inc (NYSE: IFF) in a recent acquisition prompted an Argus analyst to move to the sidelines.  The Analyst Analyst John Staszak downgraded shares of International Flavors & Fragrances from Buy to Hold. The Thesis The...

Composite and building materials manufacturer Owens Corning (NYSE: OC) could miss on full-year expectations, according to Argus.  The Analyst Analysts John Eade and Olivia Hoyda downgraded shares of Owens Corning from Buy to Hold. The Thesis Conditions in the cyclical housing and...

Colgate-Palmolive Company (NYSE: CL) reported an earnings beat for the first time in four quarters in late April, and investors should consider buying the stock, according to Argus. The Analyst Argus' John Eade upgraded Colgate-Palmolive's stock from Hold to Buy with a new $72 price...

Old Dominion Freight Line (NASDAQ: ODFL) notched a bullish initiation from Argus Wednesday, with an analyst naming three key reasons for the positive stance.  The Analyst  Argus analyst John Staszak initiated coverage of Old Dominion with a Buy rating and $175 price...