Darden Restaurants, Columbia Banking System, Hershey And This Investment Bank On CNBC's 'Final Trades'

On CNBC’s "Halftime Report Final Trades," Jenny Harrington of Gilman Hill Asset Management picked Columbia Banking System, Inc. COLB, which is a regional bank. It has a 5.9% yield.

Piper Sandler recently upgraded Columbia Banking System from Neutral to Overweight and announced a $32 price target.

Don’t forget to check out our premarket coverage here

Stephen Weiss of Short Hills Capital Partners named The Goldman Sachs Group, Inc. GS as his final trade.

Jason Snipe of Odyssey Capital Advisors said he likes Darden Restaurants, Inc. DRI. Darden recently reported third-quarter FY23 sales growth of 13.8% year-on-year to $2.79 billion, beating the consensus of $2.73 billion.

Joseph Terranova of Virtus Investment Partners named the "market-safety trade," The Hershey Company HSY as his final trade.

On Wednesday, Wells Fargo analyst Chris Carey upgraded Hershey from Underweight to Equal-Weight and raised the price target from $230 to $255.

Price Action: Hershey shares fell 0.1% to close at $252.60, while Darden rose 0.1% to settle at $154.67 on Wednesday. Goldman Sachs shares gained 0.7% to $320.72, while Columbia Banking rose 0.3% during the session.

Check This Out: Top 5 Risk Off Stocks That May Crash In March

Market News and Data brought to you by Benzinga APIs
Posted In: Long IdeasNewsMarketsMediaTrading IdeasCNBCExpert IdeasHalftime Report Final TradesJason SnipeJenny HarringtonJoseph TerranovaStephen Weiss
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!