ConocoPhillips, Broadcom, Thermo Fisher Scientific And More On CNBC's 'Final Trades'
Portfolio Pulse from Lisa Levin
On CNBC's 'Halftime Report Final Trades', ConocoPhillips, Broadcom, and Thermo Fisher Scientific were named as final trades by different analysts. ConocoPhillips was maintained with a Buy rating by Citigroup, but the price target was lowered from $145 to $140. Broadcom won conditional approval from the European Commission to complete its acquisition of Vmware. Thermo Fisher Scientific recently agreed to acquire CorEvitas LLC for $912.5 million in cash.
July 13, 2023 | 1:48 pm
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POSITIVE IMPACT
Broadcom won conditional approval from the European Commission to complete its acquisition of Vmware.
The approval for the acquisition is a positive development for Broadcom and could potentially boost its stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Thermo Fisher Scientific recently agreed to acquire CorEvitas LLC for $912.5 million in cash.
The acquisition of CorEvitas LLC could potentially enhance Thermo Fisher Scientific's portfolio and boost its stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
ConocoPhillips was maintained with a Buy rating by Citigroup, but the price target was lowered from $145 to $140.
While the Buy rating is positive, the lowering of the price target could have a neutralizing effect on the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80