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Alphabet, Nasdaq, Spotify, Teck Resources And A Major Financial Stock On CNBC's 'Final Trades'

Published 10/04/2024, 14:13
Updated 10/04/2024, 15:40
© Reuters.  Alphabet, Nasdaq, Spotify, Teck Resources And A Major Financial Stock On CNBC's 'Final Trades'

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

On CNBC’s "Halftime Report Final Trades," Joshua Brown of Ritholtz Wealth Management said Nasdaq, Inc. (NASDAQ: NDAQ) is going higher.

On April 9, Morgan Stanley analyst Michael Cyprys upgraded Nasdaq from Equal-Weight to Overweight and raised the price target from $59 to $80.

Rob Sechan of NewEdge Wealth named Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) as his final trade.

On Tuesday, Bayer AG (OTC: BAYRY) and Alphabet’s Google Cloud announced a collaboration to develop artificial intelligence (AI) solutions to support radiologists.

Don’t forget to check out our premarket coverage here

Brian Belski of BMO Capital Markets picked Spotify Technology S.A. (NYSE: SPOT).

Spotify Technology is expected to report first-quarter earnings on April 23. Wall Street expects the company to report earnings at 81 cents per share and $3.95 billion in revenue.

Joseph M. Terranova said Teck Resources Limited (NYSE: TECK) is the way to play gold and copper.

On April 8, Benchmark analyst Nathan Martin maintained Teck Resources with a Buy and raised the price target from $50 to $52.

Stephanie Link of Hightower picked The Charles Schwab Corporation (NYSE: SCHW).

On April 9, JMP Securities analyst Devin Ryan maintained Charles Schwab with a Market Outperform and raised the price target from $77 to $80, while Morgan Stanley analyst Michael Cyprys maintained the stock with an Equal-Weight and boosted the price target from $65 to $71.

Price Action:

  • Nasdaq shares gained 2.3% to close at $63.56 on Tuesday.
  • Alphabet shares rose 1.3% to settle at $158.14 on Tuesday.
  • Spotify shares fell 2.7% to settle at $300.73 during Tuesday’s session.
  • Shares of Teck Resources gained 4.6% to close at $49.14 on Tuesday.
  • Charles Schwab shares fell 0.1% to settle at $72.28 during Tuesday’s session.
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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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