Benzinga - by Avi Kapoor, Benzinga Staff Writer.
On CNBC’s "Halftime Report Final Trades," Jenny Harrington of Gilman Hill Asset Management named Hercules Capital, Inc. (NYSE: HTGC) as her final trade.
On Jan. 16, Compass Point analyst Casey Alexander downgraded Hercules Capital from Buy to Neutral and announced a $17.5 price target.
Jim Lebenthal of Cerity Partners named General Motors Company (NYSE: GM), which is scheduled to release earnings this week.
GM is scheduled to report earnings on Jan. 30, 2024. Analysts expect the company to report quarterly earnings at $1.16 per share, down from $2.12 per share in the year-ago period. The company is projected to post revenue of $38.97 billion, compared to $43.11 billion in the year-earlier quarter, according to data from Benzinga Pro.
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Joshua Brown of Ritholtz Wealth Management picked Toast, Inc. (NYSE: TOST).
On Jan. 10, Goldman Sachs analyst Will Nance upgraded Toast from Neutral to Buy and announced a $24 price target. During November, Toast said third-quarter revenue grew 37% year-over-year to $1.032 billion, which beat the consensus estimate of $1.03 billion, according to Benzinga Pro. The company reported a quarterly loss of 9 cents per share, which beat estimates for a loss of 10 cents per share.
Bryn Talkington of Requisite Capital Management named JPMorgan Equity Premium Income ETF (NYSE: JEPI).
Price Action
- Hercules Capital shares gained 1.3% to close at $17.56.
- GM shares rose 0.1% to close at $35.18 on Friday.
- Toast shares gained 5.1% to settle at $17.45.
- JPMorgan Equity Premium Income ETF rose 0.1% during Friday’s session.
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