On CNBC’s "Halftime Report Final Trades," Josh Brown of Ritholtz Wealth Management said Live Nation Entertainment, Inc. LYV, looks like it’s back on an uptrend.
Citigroup recently maintained Live Nation Entertainment with a Buy and raised the price target from $89 to $110.
Kevin Simpson named The Home Depot, Inc. HD as his final trade.
Home Depot will reportedly settle a long-running lawsuit for underpaying workers in California by paying $72.5 million. The settlement proposal was filed in a San Francisco federal court and will need to be approved by a judge, reported Reuters.
Analysts have a consensus Outperform rating on HD, according to Benzinga's analyst ratings data.
Bryn Talkington of Requisite Capital Management said it’s a good time to buy Diamondback Energy, Inc. FANG at current levels.
Shares of energy stocks traded higher on Friday as oil rebounded following Thursday weakness.
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Jim Lebenthal of Cerity Partners picked Transocean Ltd. RIG.
Citigroup upgraded Transocean from a Neutral rating to a Buy rating and raised the price target from $6.50 to $9.50. The company also announced that $172 million in options have been exercised.
Stephen Weiss of Short Hills Capital Partners named Meta Platforms, Inc. META as his final trade.
Mark Zuckerberg’s Meta Platforms recently launched Threads — a platform eerily similar to Elon Musk's Twitter — which boasts itself as a text-centric answer to Instagram.
Price Action: Meta shares fell 0.5% to settle at $290.53, while Transocean shares jumped 5.9% to close at $7.73 on Friday. Home Depot shares gained 0.3% to close at $302.81, while Diamondback Energy added 4.1% to settle at $132.40 during Friday’s session. Live Nation Entertainment shares rose 0.1% to settle at $91.76 on Friday.
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