Disney, Toast, Emerson Electric And A Big Bank On CNBC's 'Final Trades'
On CNBC's “Halftime Report Final Trades,” Cerity Partners’ Jim Lebenthal picked The Walt Disney Company (NYSE:DIS) as his final trade.
On July 9, Citigroup analyst Jason Bazinet maintained Disney with a Buy and raised the price target from $125 to $140. Barclays analyst Kannan Venkateshwar maintained the stock with an Overweight rating and increased the price target from $120 to $140.
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Stephanie Link, chief investment strategist and portfolio manager at Hightower, named Wells Fargo & Company (NYSE:WFC) as her final trade.
Supporting her view, Wells Fargo, on Tuesday, reported better-than-expected second-quarter adjusted EPS results. The company posted adjusted earnings of $1.54 per share, beating market estimates of $1.40 per share. Wells Fargo reported a net interest income of $11.71 billion on Tuesday, down 2% year over year in the second quarter of 2025.
Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, said Toast, Inc. (NYSE:TOST) is breaking out.
Lending support to his choice, Truist Securities analyst Matthew Coad, on June 2, initiated coverage on Toast with a Buy rating and announced a price target of $48.
Jason Snipe, Founder and Chief Investment Officer of Odyssey Capital Advisors, named Emerson Electric Co. (NYSE:EMR) amid significant demand for industrial.
Supporting his choice, Citigroup analyst Andrew Kaplowitz, on Monday, maintained Emerson Electric with a Buy rating and raised the price target from $146 to $165.
Price Action:
- Wells Fargo shares dipped 5.5% to close at $78.86 on Tuesday.
- Toast fell 0.3% to close at $44.34 during the session.
- Emerson Electric shares fell 0.2% to settle at $139.69 on Tuesday.
- Disney shares slipped 0.8% to close at $118.98 during the session.
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Posted-In: CNBC Halftime Report Final Trades Jason Snipe Jim LebenthalLong Ideas News Media Trading Ideas