McDonald's, Wynn Resorts And More: CNBC's 'Final Trades'
Portfolio Pulse from Lisa Levin
On CNBC's 'Halftime Report Final Trades', Josh Brown of Ritholtz Wealth Management recommended iShares 7-10 Year Treasury Bond ETF (IEF). Jim Lebenthal of Cerity Partners picked Wynn Resorts (WYNN), anticipating a good report in the coming weeks. HSBC initiated coverage on WYNN with a Buy rating and a $111 price target. Stephanie Link of Hightower recommended McDonald's (MCD), which is down 14% from its highs. Barclays maintained McDonald's with an Overweight and lowered the price target from $345 to $315. McDonald's also increased its quarterly cash dividend by 10%.
October 25, 2023 | 1:44 pm
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POSITIVE IMPACT
Josh Brown of Ritholtz Wealth Management recommended iShares 7-10 Year Treasury Bond ETF (IEF) on CNBC's 'Halftime Report Final Trades'.
The recommendation by a well-known financial analyst could lead to increased interest in IEF, potentially driving its price up in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Stephanie Link of Hightower recommended McDonald's (MCD), which is down 14% from its highs. Barclays maintained McDonald's with an Overweight and lowered the price target from $345 to $315. McDonald's also increased its quarterly cash dividend by 10%.
The recommendation by a financial analyst, an Overweight rating from Barclays, and a dividend increase could lead to increased investor interest in MCD, potentially driving its price up in the short term, despite the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Jim Lebenthal of Cerity Partners picked Wynn Resorts (WYNN), anticipating a good report in the coming weeks. HSBC initiated coverage on WYNN with a Buy rating and a $111 price target.
The positive outlook from a financial analyst and a Buy rating from HSBC could lead to increased investor interest in WYNN, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100