Cisco, Walmart And A Major Health Care Stock: CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Jim Lebenthal of Cerity Partners said Cisco Systems, Inc. (NASDAQ:CSCO) has had several quarters of better-than-expected earnings and guidance and that trend is expected to continue in a couple of weeks from now.

Supporting his view, Citigroup analyst Atif Malik, on Jan. 17, maintained Cisco Systems with a Buy rating and raised the price target from $64 to $68.

In the health care stocks, Stephen Weiss of Short Hills Capital Partners said UnitedHealth Group Incorporated (NYSE:UNH) is likely to go past the old highs.

On Jan. 16, UnitedHealth Group reported the fourth-quarter 2024 earnings and reaffirmed 2025 guidance. The company reported adjusted EPS of $6.81, up from $6.16 a year ago, beating the consensus of $6.72.

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Rounding out the trades, Joseph M. Terranova of Virtus Investment Partners said Walmart Inc. (NYSE:WMT) is trading to a fresh all-time high.

Adding support to his choice, Wells Fargo analyst Edward Kelly, on Monday, maintained Walmart with an Overweight rating and raised the price target from $100 to $108. UBS analyst Michael Lasser also on Jan. 31, maintained the stock with a Buy rating and boosted the price target from $100 to $113.

Price Action:

• Cisco shares gained 0.7% to close at $61.04 on Monday.
• UnitedHealth Group shares climbed 1.1% to settle at $548.18 during Monday's session.
• Walmart shares rose 1.4% to close at $99.54 on Monday.

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