JPMorgan Upgrades Argan (AGX) to Overweight Following Massive Earnings Beat

事件摘要

JPMorgan upgraded Argan (AGX) from 'neutral' to 'overweight' with a new price target of $550.00. The company reported Q4 EPS of $3.47, significantly beating the expected $1.99. Q4 revenue reached $262.1 million with a net margin of 13.1% and ROE of 31.4%.