PerpEquities

Top analysts on stock perps · Analyst

David Toung (Argus Research): analyst track record on stock perps

David Toung of Argus Research on companies with stock perpetual futures: star rating, success rate, price-target accuracy, current calls and the measured perp reaction after each rating.

Stars4.7★
Success65%
Excess return+10.0%
rank#776
Ratings300
ratings on stock perps84

Track record

TipRanks data via FMP
12 months3 years
Ratings63151
Stock4453
Buy / hold / sell56 / 7 / 0130 / 21 / 0
Upgrades / downgrades / initiations7 / 3 / 013 / 11 / 1
Price targets hit / missed14 / 35 (29%)39 / 71 (35%)
Avg. return after a rating (TipRanks)-8.6%-3.4%
Best / worst call+50.1% / -53.3%+97.0% / -65.9%

After buy calls: median 21-day move +1.9% · vs S&P 500 +0.8% (n = 69) · targets hit within a year 67% (n = 42)

Current calls on stock perps

StockCallTargetvs last closeDate
$ELV Elevance HealthHold · Maintained––Aug 20, 2026
$HCA HCA HealthcareBuy · Reiterated$500+6.6%Aug 7, 2026
$PFE Pfizer Inc.Buy · Maintained––Aug 5, 2026
$BSX Boston Scientific CorporationHold · Downgraded––Jul 30, 2026
$JNJ Johnson & JohnsonBuy · Reiterated$300+13.7%Jul 28, 2026
$DHR Danaher CorporationBuy · Reiterated$230-0.2%Jul 23, 2026
$UNH UnitedHealth Group IncorporatedBuy · Maintained$470+12.4%Jul 17, 2026
$SYK Stryker CorporationBuy · Reiterated$370+20.5%Jul 9, 2026
$TMO Thermo Fisher ScientificBuy · Maintained$560-16.9%Apr 30, 2026

Recent ratings

  • Aug 20, 2026 $ELV: Maintained · Hold · article
  • Aug 7, 2026 $HCA: Reiterated · Buy · $500 · article
  • Aug 5, 2026 $PFE: Maintained · Buy · article
  • Jul 30, 2026 $BSX: Downgraded · Hold · article
  • Jul 28, 2026 $JNJ: Reiterated · Buy · $300 · article
  • Jul 23, 2026 $DHR: Reiterated · Buy · $230 · article
  • Jul 17, 2026 $UNH: Maintained · Buy · $470 · article
  • Jul 9, 2026 $SYK: Reiterated · Buy · $370 · article
  • May 6, 2026 $PFE: Maintained · Buy · $35.00 · article
  • Apr 30, 2026 $TMO: Maintained · Buy · $560 · article
  • Apr 24, 2026 $BSX: Reiterated · Buy · $95.00 · article
  • Apr 23, 2026 $DHR: Reiterated · Buy · $230 · article
  • Apr 21, 2026 $UNH: Upgraded · Buy · $400 · article
  • Apr 6, 2026 $MDT: Maintained · Buy · $115 · article
  • Apr 2, 2026 $MDT: Reiterated · Buy · $115 · article
  • Mar 11, 2026 $NVS: Upgraded · Buy · $180 · article
  • Feb 26, 2026 $PFE: Upgraded · Buy · $35.00 · article
  • Mar 2, 2026 $PFE: Upgraded · Buy · $35.00 · article
  • Jan 13, 2026 $DHR: Maintained · Buy · $265 · article
  • Dec 8, 2025 $HUM: Maintained · Hold · article

David Toung4.7★ · 65% success · +10.0% excess return · TipRanks data via FMP · Source headlines via TheFly/StreetInsider (FMP). Reaction = venue-median perp move after our detection — an observation, not investment advice.