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Boeing, Halliburton, Carlyle Group And More: CNBC's 'Final Trades'

Published 29/11/2023, 14:15
© Reuters Boeing, Halliburton, Carlyle Group And More: CNBC's 'Final Trades'

Benzinga - by Lisa Levin, Benzinga Editor.

On CNBC’s "Halftime Report Final Trades," Joshua Brown of Ritholtz Wealth Management said The Carlyle Group Inc. (NASDAQ: CG) may have bottomed.

They have a new CEO, who is highly respected, he explained, adding, "I am hoping for a better 2024" from Carlyle.

Carlyle Group, now under the helm of Harvey Schwartz, will replace ICU Medical in the S&P MidCap 400, effective prior to the open of trading on Nov. 30.

Jim Lebenthal of Cerity Partners named The Boeing Company (NYSE: BA) as his final trade.

RBC Capital analyst Ken Herbert upgraded Boeing from Sector Perform to Outperform and raised the price target from $200 to $275.

Don’t forget to check out our premarket coverage here

Shannon Saccocia of Boston Private picked iShares US Consumer Staples ETF (NYSE: IYK).

Stephanie Link of Hightower likes Halliburton Company (NYSE: HAL), which is down 5% year-to-date.

Halliburton recently reported mixed financial results for the third quarter. The company reported quarterly revenue of $5.804 billion, missing the consensus of $5.855 billion.

Price Action:

  • Carlyle shares gained 4.9% to close at $34.43.
  • Boeing shares rose 1.4% to settle at $222.37 on Tuesday.
  • iShares US Consumer Staples ETF gained 0.3%.
  • Halliburton fell 0.5% to settle at $37.52 during Tuesday’s session.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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