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The Latest Breaking News from Argus

Analysts Bump Up Lockheed Martin Price Target Post Q1 Results

Wells Fargo analyst Matthew Akers raised the price target for Lockheed Martin Corp (NYSE:LMT) to $496 (an upside of 9%) from $486 while maintaining the Equal-Weight rating on the shares. The analyst stated that most of LMT's Q1 beat vs. the firm's model was driven by lower tax/interest, while operations were slightly ahead, including a…

Argus Downgrades This Cruise Operator - Read Why

Argus Downgrades This Cruise Operator - Read Why

Argus analyst John Staszak downgraded Carnival Corp (NYSE: CCL) to Hold from Buy without a price target. Staszak said Carnival's growth prospects seem to deteriorate with the slow recovery from the Omicron surge amplified by a spike in fuel costs.

Here's Why Argus Remained Bullish On eBay

Here's Why Argus Remained Bullish On eBay

Argus analyst Joseph Bonner lowered the price target on eBay Inc (NASDAQ:EBAY) to $69 from $88 but kept a Buy. The price target implies an upside of 23.8%. eBay will need to show that it can successfully carve out product niches among sellers in the face of severe competition from Amazon.com Inc (NASDAQ:AMZN), Walmart Inc (NYSE:WMT), and start-up category…

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Argus Turns Bullish On Delta Air Lines; Citi Trims Price Target

Argus analyst John Staszak upgraded Delta Air Lines, Inc. (NYSE: DAL) to Buy from Hold with a price target of $46, implying an upside of 15%.

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