CrowdStrike, Netflix And A Financial Stock: CNBC’s ‘Final Trades’
Avi Kapoor 2 weeks ago
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CNBC Final Trades: Ethridge picks CrowdStrike, Link favors Wells Fargo after earnings, and Brown selects Netflix.
On CNBC’s “Halftime Report Final Trades,” Malcolm Ethridge, managing partner at Capital Area Planning Group, picked CrowdStrike Holdings, Inc. (NASDAQ:CRWD).
Citigroup analyst Fatima Boolani maintained a Buy rating for CrowdStrike on Thursday and raised the price target from $260 to $295.
Stephanie Link, chief investment strategist, head of investment solutions and equity portfolio manager at Hightower Advisors, recommended Wells Fargo & Company (NYSE:WFC) after the quarterly earnings release.
Wells Fargo reported mixed third-quarter results on Tuesday. Wells Fargo reported earnings of $1.87 per share, beating the Wall Street consensus estimate of $1.85. Earnings rose 13% to $ 1.87 per share, up from $1.66 a year earlier. Revenue rose 2% year over year to $21.870 billion, missing analysts’ expectations of $22.317 billion.
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Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, named Netflix, Inc. (NASDAQ:NFLX) as his final trade.
Jefferies analyst John Colantuoni on Thursday assumed Netflix with a Buy rating and set a price target of $85.
Price Action
- CrowdStrike shares fell 1.9% to close at $244.57 on Thursday.
- Wells Fargo shares gained 2.3% to settle at $82.75 on Thursday.
- Netflix shares rose 2.9% to close at $72.61.
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