ServiceNow, Quanta Services And More On CNBC’s ‘Final Trades’
On CNBC’s “ Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, picked F/M US Treasury 2 Year Note ETF (NASDAQ: UTWO ). Malcolm Ethridge, managing partner at Capital Area Planning Group, named ServiceNow, Inc. (NYSE: NOW ) as his final trade. Lending support to his choice, Cantor Fitzgerald analyst Thomas Blakey on Monday maintained an Overweight rating on ServiceNow and raised the price target from $141 to $174. On July 22, ServiceNow reported second-quarter earnings of 90 cents per share, which beat the Street estimate of 85 cents, according to Pro data. Quarterly revenue clocked in at $3.99 billion, beating the analyst consensus estimate of $3.93 billion and up from $3.22 billion in the same period last year. Don’t forget to check out our premarket coverage here Shannon Saccocia, Neuberger Wealth CIO, recommended iShares U.S. Basic Materials ETF (NYSE: IYM ). Stephanie Link, chief investment strategist, head of investment solutions and equity portfolio manager at Hightower Advisors, picked Quanta Services, Inc. (NYSE: PWR ), which was upgraded by Bernstein. Bernstein analyst Chad Dillard on Thursday upgraded Quanta Services from Market
On CNBC’s “ Halftime Report Final Trades,” Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, picked F/M US Treasury 2 Year Note ETF (NASDAQ: UTWO ). Malcolm Ethridge, managing partner at Capital Area Planning Group, named ServiceNow, Inc. (NYSE: NOW ) as his final trade. Lending support to his choice, Cantor Fitzgerald analyst Thomas Blakey on Monday maintained an Overweight rating on ServiceNow and raised the price target from $141 to $174.
On July 22, ServiceNow reported second-quarter earnings of 90 cents per share, which beat the Street estimate of 85 cents, according to Pro data. 22 billion in the same period last year. S. Basic Materials ETF (NYSE: IYM ).
Stephanie Link, chief investment strategist, head of investment solutions and equity portfolio manager at Hightower Advisors, picked Quanta Services, Inc. (NYSE: PWR ), which was upgraded by Bernstein. Bernstein analyst Chad Dillard on Thursday upgraded Quanta Services from Market Perform to Outperform and raised the price target from $748 to $775. On the earnings front, Quanta Services reported better-than-expected second-quarter results on July 30 and raised its FY26 guidance above estimates.
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9% on Thursday. Photo via Shutterstock