Benzinga - by Avi Kapoor, Benzinga Staff Writer.
On CNBC’s "Halftime Report Final Trades," Josh Brown of Ritholtz Wealth Management said Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) is expected to go back up to $150.
On Tuesday, BMO Capital analyst Brian Pitz initiated coverage on Alphabet with an Outperform rating and announced a price target of $170.
Sarat Sethi said Delta Air Lines, Inc. (NYSE: DAL) has the best pricing and the best routes.
Delta Air is projected to release financial results for its fourth quarter, before the opening bell on Jan. 12, 2023. Analysts expect the company to post quarterly earnings at $1.16 per share, down from year-ago earnings of $1.48 per share. The company’s revenue is anticipated to come in at $13.52 billion for the latest quarter, compared to $12.29 billion in the year-earlier quarter, according to data from Benzinga Pro.
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Amy Raskin of Chevy Chase Trust named Franco-Nevada Corporation (NYSE: FNV) as her final trade.
Franco-Nevada, during November, reported an increase in EPS and sales results for the third quarter.
Stephanie Link of Hightower picked The Home Depot, Inc. (NYSE: HD).
While presenting at CES 2024, Home Depot announced the launch of new smart home devices as it attempts to deepen its entry in the growing consumer industry. New products include smart thermostats, smart hose timers, smart bathroom fans, smart freezers and a smart security system.
Price Action: Alphabet shares gained 1.4% to close at $142.56, while Delta Air Lines shares gained 1.7% to settle at $42.32 on Tuesday. Franco-Nevada fell 2.2% to close at $106.91, while Home Depot fell by 0.5% to $346.19 during Tuesday’s session.
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