Alphabet, RTX, Baker Hughes And More On CNBC's 'Final Trades'

Supporting his view, Oppenheimer analyst Jason Helfstein, on Thursday, maintained Alphabet with an Outperform rating and raised the price target from $215 to $225.

Kevin Simpson of Capital Wealth Planning said RTX Corporation (NYSE:RTX) has incredible free cash flow and is around 55% higher than last year. The company also has dividend growth for 31 years in a row.

Adding support to this choice, Wells Fargo analyst Matthew Akers, on Thursday, maintained RTX with an Overweight rating and raised the price target from $151 to $156, while Bank of America Securities analyst Ronald Epstein maintained the stock with a Buy and boosted the price target from $145 to $155.

On Tuesday, the company said net sales increased 9% year-over-year (Y/Y) to $21.623 billion, beating the consensus of $20.535 billion. Adjusted EPS grew 19% Y/Y to $1.54, above the consensus of $1.38.

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In the energy sector, Joshua Brown of Virtus Investment Partners picked Baker Hughes Company (NYSE:BKR).

Supporting his view, Goldman Sachs analyst Neil Mehta, on Jan. 23, maintained Baker Hughes with a Buy and raised the price target from $51 to $52.

Rounding out the trades, Liz Young Thomas of SoFi named iShares Expanded Tech-Software Sector ETF (NYSE:IGV), saying it's the next beneficiary of this AI theme.

Price Action:

  • Alphabet shares gained 2.8% to close at $200.87 on Thursday.
  • RTX shares climbed 3.1% to settle at $128.98 during Thursday's session.
  • iShares Expanded Tech-Software Sector ETF fell 0.7% during the session.
  • Baker Hughes shares rose 3.5% to close at $44.60 on Thursday.

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