On CNBC’s “Halftime Report Final Trades,” Capital Wealth Planning founder Kevin Simpson named Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) as his final trade.
Lending support to his choice, Morgan Stanley analyst Brian Nowak maintained Alphabet’s Overweight rating on June 30. He also raised the price target from $375 to $415.
Capital Area Planning Group’s Malcolm Ethridge picked Netflix Inc (NASDAQ:NFLX).
Bank of America Securities analyst Jessica Reif Ehrlich reiterated a Buy rating on Netflix and maintained a $125 price target on May 18.
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Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, picked Nike Inc (NYSE:NKE).
On the earnings front, Nike posted fourth-quarter revenue of $10.97 billion, beating analyst estimates of $10.86 billion, according to Benzinga Pro. Nike reported adjusted earnings of 20 cents per share for the period, beating analyst estimates of 13 cents per share.
Stephanie Link, chief investment strategist at Hightower Advisors, recommended Target Corp (NYSE:TGT).
Supporting her view, Wolfe Research analyst Spencer Hanus, on June 23, upgraded Target from Peer Perform to Outperform.
Price Action
- Alphabet shares fell 0.4% to close at $359.91 on Thursday.
- Netflix shares rose 4.7% to settle at $77.65 during the session.
- Nike shares gained 2.4% to close at $44.09 on Thursday.
- Target shares slipped 0.1% to settle at $130.21 during the session.
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