Boeing, Halliburton, Carlyle Group And More: CNBC's 'Final Trades'
Portfolio Pulse from Lisa Levin
On CNBC's 'Halftime Report Final Trades,' analysts provided their picks, including The Carlyle Group (CG) with a positive outlook for 2024 under new CEO Harvey Schwartz. Boeing (BA) was upgraded by RBC Capital from Sector Perform to Outperform with a price target increase to $275. iShares US Consumer Staples ETF (IYK) and Halliburton (HAL) were also selected as final trades, with HAL reporting mixed Q3 results and a slight year-to-date decline. Carlyle will replace ICU Medical in the S&P MidCap 400 on Nov. 30.
November 29, 2023 | 2:15 pm
News sentiment analysis
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NEUTRAL IMPACT
Halliburton was liked by Stephanie Link of Hightower despite being down 5% year-to-date and reporting mixed Q3 results.
While Halliburton has experienced a slight decline and mixed results, the endorsement by an analyst could provide some positive sentiment, but the overall short-term impact is expected to be neutral.
CONFIDENCE 65
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
iShares US Consumer Staples ETF was picked by Shannon Saccocia of Boston Private.
The selection of IYK as a final trade by a notable analyst may draw some attention to the ETF, but without specific catalysts, the short-term impact is likely to be neutral.
CONFIDENCE 60
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Boeing was upgraded by RBC Capital from Sector Perform to Outperform with a price target raised from $200 to $275.
The upgrade by RBC Capital and the significant increase in price target are likely to positively influence Boeing's stock price in the short term as investor sentiment improves.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
The Carlyle Group is expected to have a positive future under new CEO Harvey Schwartz and will join the S&P MidCap 400, replacing ICU Medical.
The new CEO's leadership and the company's inclusion in the S&P MidCap 400 are seen as positive developments that could lead to increased investor confidence and stock price appreciation in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80