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Uber, Cisco, KKR And More On CNBC's 'Final Trades'

Author: Avi Kapoor | December 13, 2024 08:37am

On CNBC's “Halftime Report Final Trades,” Joshua Brown of Ritholtz Wealth Management picked Uber Technologies, Inc. (NYSE:UBER) as his final trade.

On Dec. 6, Uber and Chinese Robotaxi company WeRide Inc. (NASDAQ:WRD) announced the launch of their ride-hailing partnership in Abu Dhabi. The launch represents the first time autonomous vehicles (AVs) are available on the Uber platform outside the U.S. and the largest commercial robotaxi service outside the U.S. and China.

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Jim Lebenthal of Cerity Partners named Cisco Systems, Inc. (NASDAQ:CSCO)

On Nov. 18, Cisco Systems, inked a 5.5-year Whole Portfolio Agreement (WPA) with MGM Resorts International (NYSE:MGM), granting MGM access to Cisco's software portfolio. The portfolio includes cybersecurity, software-defined networking, WAN, digital experience assurance, and data center services.

Jason Snipe of Odyssey Capital Advisors said he likes KKR & Co. Inc. (NYSE:KKR).

On Thursday, Wells Fargo analyst Michael Brown maintained KKR with an Equal-Weight and raised the price target from $152 to $163, while Oppenheimer analyst Chris Kotowski maintained the stock with an Outperform and increased the price target from $153 to $175.

Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC said Dominion Energy, Inc. (NYSE:D) took off like a rocket earlier in the year but now faded, so you can get back in with a 5% yield.

Scotiabank analyst Andrew Weisel maintained Dominion Energy with a Sector Perform and raised the price target from $58 to $61.

Price Action:

  • Cisco shares gained by 0.4% to close at $58.85 on Thursday.
  • KKR shares fell by 1% to settle at $155.75 during Thursday's session.
  • Dominion shares fell 0.8% to close at $53.83 during Thursday's session.
  • Uber shares gained 0.4% to close at $61.41 on Thursday.

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Posted In: CSCO D KKR MGM UBER WRD

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