AnalystsInsight

David Toung (Argus Research): Analyst Track Record and Price‑Target Accuracy

How often David Toung’s price targets were reached, how fast, and what the stocks did after each call: a 7‑year backtest of 561 ratings, compared with the average Wall Street analyst.

Reviewed by:David, Senior AnalystPublished Oct 12, 2026Updated Oct 21, 20263 min readHow we research

Key takeaways

David Toung ranks #854 of 1,121 analysts in Exent’s scoring (4.7★).
44.9% of price targets were reached over 7 years, versus 53.6% for the average analyst.
Median time to reach a target: 126 days; 63.5% of calls were up 12 months later.
Most‑covered stocks: COR, SYK, MCK, MDT.
Free on Exent: David Toung’s full record, with ratings 3 days after publication.

In this article

David Toung’s track record at a glance
How fast price targets were reached
Stocks David Toung covers most
David Toung’s latest ratings
How Exent scores analysts

David Toung’s track record at a glance

David Toung of Argus Research ranks #854 of the 1,121 analysts Exent scores, with a 4.7★ rating and a focus on healthcare. Over a 7‑year lookback, 44.9% of David’s price targets were reached, 8.7 points below the 53.6% average across all analysts.

Metric	David Toung	All analysts
Price‑target hit rate	44.9%	53.6%
Median days to hit target	126 days	91 days
Calls up after 12 months	63.5%	64.6%
Median 12‑month return of calls	+9.3%	+13.4%
Hit rate, last 2 years	33.6%	—
Average worst drop after a call	−15.1%	—
Ratings in the sample	561	—
Stocks covered	35	—

The full records of Exent’s top 90 analysts and the top 50 of each sector, and the stocks where several of them agree right now, are members‑only in Exent Gems.

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How fast price targets were reached

Time to reach the target	David Toung
Under 30 days	9.8%
30–90 days	32.7%
90–180 days	24.9%
Over 180 days	32.7%

Share of the targets that were reached, by how long they took. Targets are usually set for 12 months.

Stocks David Toung covers most

Stock	Ratings in the sample
COR	26
SYK	25
MCK	25
MDT	22
PFE	19
UNH	18
HUM	18
TECH	17

In the past year David’s ratings were 89% Buy, 11% Hold and 0% Sell.

David Toung’s latest ratings

Date	Stock	Action	Rating	Price target
Oct 20, 2026
Sep 16, 2026	CRL	Rated: Buy	Buy	$330.00
Aug 20, 2026	ELV	Reiterated: Hold	Hold	$0.00
Aug 7, 2026	HCA	Rated: Buy	Buy	$500.00
Aug 5, 2026	PFE	Reiterated: Buy	Buy	$0.00
Jul 30, 2026	BSX	Downgraded: Hold	Hold	$0.00
Jul 28, 2026	DGX	Reiterated: Buy	Buy	$260.00
Jul 28, 2026	JNJ	Rated: Buy	Buy	$300.00
Jul 23, 2026	DHR	Rated: Buy	Buy	$230.00
Jul 17, 2026	UNH	Reiterated: Buy	Buy	$470.00
Jul 9, 2026	SYK	Rated: Buy	Buy	$370.00
Jun 17, 2026	IART	Upgraded: Buy	Buy	$25.00
Jun 2, 2026	LH	Maintained: Buy	Buy	$310.00

Oct 20, 2026
Stock
Action
Rating
Price target
Sep 16, 2026
Stock
CRL
Action
Rated: Buy
Rating
Buy
Price target
$330.00
Aug 20, 2026
Stock
ELV
Action
Reiterated: Hold
Rating
Hold
Price target
$0.00
Aug 7, 2026
Stock
HCA
Action
Rated: Buy
Rating
Buy
Price target
$500.00
Aug 5, 2026
Stock
PFE
Action
Reiterated: Buy
Rating
Buy
Price target
$0.00
Jul 30, 2026
Stock
BSX
Action
Downgraded: Hold
Rating
Hold
Price target
$0.00
Jul 28, 2026
Stock
DGX
Action
Reiterated: Buy
Rating
Buy
Price target
$260.00
Jul 28, 2026
Stock
JNJ
Action
Rated: Buy
Rating
Buy
Price target
$300.00
Jul 23, 2026
Stock
DHR
Action
Rated: Buy
Rating
Buy
Price target
$230.00
Jul 17, 2026
Stock
UNH
Action
Reiterated: Buy
Rating
Buy
Price target
$470.00
Jul 9, 2026
Stock
SYK
Action
Rated: Buy
Rating
Buy
Price target
$370.00
Jun 17, 2026
Stock
IART
Action
Upgraded: Buy
Rating
Buy
Price target
$25.00
Jun 2, 2026
Stock
LH
Action
Maintained: Buy
Rating
Buy
Price target
$310.00

David published 1 rating in the last 3 days, the latest on Oct 20, 2026. David’s ratings are free on Exent 3 days after publication. Exent Gems has them the same day, with the calls of the top‑ranked analysts and the stocks where several of them agree.

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How Exent scores analysts

Exent replays every rating with a price target over a 7‑year lookback: was the target reached, how long it took, and what the stock returned 1, 3, 6 and 12 months after the call. The star rating and rank combine success rate, average return and the number of ratings, so a few lucky calls do not make a top analyst. Statistics as of Oct 20, 2026; ranking updated Oct 21, 2026. How accurate are analyst price targets overall?

Past performance does not guarantee future results. Historical figures are calculated by Exent from market data and are for education only; they are not investment advice or a recommendation to buy or sell any security.

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Exent Gems shows David Toung’s live ratings and those of the top‑ranked analysts, without the 30‑day delay used on this page.
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Frequently asked questions

By Exent’s scoring David Toung ranks #854 of 1,121 with a 4.7★ rating. 44.9% of price targets were reached over a 7-year lookback (all analysts: 53.6%), and 63.5% of calls were up 12 months later. Past accuracy does not guarantee future accuracy.

David Toung’s success rate is 64.8% by the ranking source and 44.9% by Exent’s price-target hit-rate backtest, with a median of 126 days to reach a target.

David Toung (Argus Research) covers 35 stocks, mostly in healthcare. The most frequently rated are COR, SYK, MCK, MDT, PFE.

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DISCLAIMER: Exent AI is an informational research platform and does not provide investment advice, financial advice, or act as an investment adviser, broker-dealer, or fiduciary. All content, analytics, and model outputs are provided for educational and informational purposes only and should not be relied upon as a recommendation to buy, sell, or hold any financial instrument. Investing involves risk, including the possible loss of principal. Exent AI does not execute trades, hold customer funds, or provide brokerage services. Past performance and hypothetical results are not indicative of future results. Third-party data and AI-generated outputs may be incomplete or inaccurate.

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