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Harley-Davidson's 'Rewire' Plan Turns Argus Bullish
Tuesday, May 5, 2020 - 11:58am | 303Read More...Harley-Davidson Inc’s (NYSE: HOG) new strategic plan, recently announced by interim CEO Jochen Zeitz and called “The Rewire,” could result in a strong recovery as the economy restarts, according to Argus. The Harley Analyst David Coleman upgraded Harley-Davidson from Hold to...
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Lyft Shares Attractive, Argus Says In Bullish Initiation
Tuesday, April 21, 2020 - 9:51am | 341Read More...LYFT Inc (NASDAQ: LYFT), which is competing against bigger rival Uber Technologies Inc (NYSE: UBER), could be a better bet for investors at this point of time, according to an analyst at Argus. The Lyft Analyst Jim Kelleher initiated coverage of Lyft with a Buy rating and $39 price target. The Lyft...
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With Harley-Davidson Production, Sales Frozen, Argus Downshifts On Stock
Monday, April 6, 2020 - 10:58am | 329Read More...Although shares of Harley-Davidson Inc (NYSE: HOG) have significantly underperformed the S&P 500, the company has suspended production at most of its U.S. manufacturing facilities and shut its retail stores due to the coronavirus pandemic, according to Argus. The Harley-Davidson Analyst David...
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Apple Analyst Projects 'Multi-Quarter Impact' On iPhone Shipments From COVID-19 Pandemic
Wednesday, April 1, 2020 - 9:38am | 534Read More...Apple Inc. (NASDAQ: AAPL) announced in mid-February that it is unlikely to meet its previously issued March quarter guidance, citing both supply and demand issues in response to the COVID-19 pandemic. Now an analyst Argus thinks the impact is likely to play out in more than one quarter....
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Boeing Analyst Turns Bullish After Deep Sell-Off
Friday, March 27, 2020 - 11:29am | 436Read More...Argus turned bullish on beleagured Boeing Co (NYSE: BA) Friday and said the stock has taken a turn for better, primarily due to the value offered by the shares following their recent sell-off. The Boeing Analyst Argus analyst John Eade upgraded shares of Boeing from Hold to Buy, with a 12-...
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Argus Downgrades Tesla On Coronavirus Impact, Slashes 2020 Delivery Forecast By 19%
Tuesday, March 24, 2020 - 11:41am | 486Read More...The coronavirus pandemic is going to hurt Tesla Inc (NASDAQ: TSLA)'s prospects in 2020, according to Argus. The Tesla Analyst Bill Selesky downgraded Tesla from Buy to Hold. The Tesla Thesis Tesla's vehicle deliveries will be negatively impacted by the pandemic in 2020, Selesky...
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Argus Downgrades Airlines Stocks On Deteriorating Outlook
Wednesday, March 11, 2020 - 12:09pm | 304Read More...Demand for air travel has plummeted due to the coronavirus pandemic and is unlikely to recover while the virus remains a threat, according to Argus. The Analyst John Staszak downgraded United Airlines Holdings Inc (NASDAQ: UAL) and Delta Air Lines, Inc. (NYSE: DAL) from Buy to Hold. The Thesis All...
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Tesla's Stock Gets Another New Street-High Price Target
Monday, February 3, 2020 - 9:55am | 429Read More...Tesla Inc (NASDAQ: TSLA) shares are up again on Monday after one analyst gave Tesla its highest Wall Street price target yet. The Tesla Analyst Argus analyst Bill Selesky reiterated his Buy rating for Tesla and raised his price target from $556 to $808. The Tesla Thesis Selesky is forecasting...
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Analysts Upbeat After Nvidia's CES Presentations: 'Must-Own Stock For Technology Investors'
Monday, January 13, 2020 - 2:15pm | 489Read More...Even as Needham remains cautious on NVIDIA Corporation (NASDAQ: NVDA), some peers are upbeat about the prospects for the graphics chipmaker, especially after the Consumer Electronic Show. The Analysts Argus analyst Jim Kelleher reiterated a Buy rating on Nvidia and raised the price target from $240...
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Was Domino's Q2 Fresh Or Stale? Analysts Debate
Wednesday, July 17, 2019 - 2:24pm | 529Read More...Domino's Pizza, Inc. (NYSE: DPZ) fell more than 7% Tuesday after reporting second-quarter results, highlighted by a miss on U.S. same-store sales. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Morgan Stanley's John Glass maintains an...
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Clorox Analyst Points To Increased Competition In Downgrade
Monday, May 20, 2019 - 3:06pm | 368Read More...After reporting a third-quarter earnings and sales miss May 1, Clorox Co (NYSE: CLX) has been downgraded by a notable analyst. The Analyst Argus analyst John Staszak downgraded Clorox from Buy to Hold. The Thesis After seeing 4-percent sales growth in the first and second...
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Argus Questions Logic Behind Bristol-Myers' Proposed Celgene Buy, Steps To Sidelines
Monday, May 20, 2019 - 1:28pm | 435Read More...Bristol-Myers Squibb Co (NYSE: BMY)'s quest to expand its oncology franchise through its proposed acquisition of Celgene Corporation (NASDAQ: CELG) may not be a wise move, according to Argus. The Analyst David Toung downgraded Bristol-Myers Squibb from Buy to Hold, citing significant...
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Apple's Services Growth 'Remains Paramount,' Says Bullish Argus
Thursday, May 2, 2019 - 10:44am | 414Read More...Apple Inc. (NASDAQ: AAPL) reported forecast-beating fiscal second-quarter results Tuesday and guided third-quarter revenue above the consensus estimate. The Analyst Argus analyst Jim Kelleher reiterated a Buy on Apple and raised the price target from $225 to $250. The Thesis Apple's...
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Argus Says Chipotle Can Regain Its 'Formerly Strong Brand'
Thursday, March 21, 2019 - 8:25am | 340Read More...Chipotle Mexican Grill, Inc. (NYSE: CMG) could regain its "formerly strong brand" image it held before multiple food-safety related scandals, Argus said in a research report. The Analyst Argus' John Staszak maintains a Buy rating on Chipotle with a price target lifted from $670 to $...
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Argus Downgrades Boeing On Near-Term 737 Max Risk
Tuesday, March 19, 2019 - 8:30am | 355Read More...Boeing Co (NYSE: BA)'s stock has hit the skids following reports of two fatal Boeing plane crashes, and one Wall Street analyst said Tuesday he’s stepping to the sidelines until the causes and implications of the crashed are better understood. The Analyst Argus analyst John Eade...
