On CNBC’s “Halftime Report Final Trades,” Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, picked Dick’s Sporting Goods, Inc. (NYSE:DKS).
Lending support to his choice, Wells Fargo analyst Ike Boruchow, on Aug. 10, upgraded Dick’s Sporting Goods from Equal-Weight to Overweight and raised the price target from $220 to $240.
Jim Lebenthal, partner and chief market strategist at Cerity Partners, named BlackRock, Inc. (NYSE:BLK) as his final trade.
Evercore ISI Group analyst Glenn Schorr, on Aug. 10, maintained an Outperform rating on BlackRock and raised the price target from $1,245 to $1,260.
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Shannon Saccocia, Neuberger, recommended iShares U.S. Industrials ETF (NYSE:IYJ).
Joseph M. Terranova, senior managing director for Virtus Investment Partners, said The Charles Schwab Corporation (NYSE:SCHW) is breaking up.
On the earnings front, Charles Schwab reported better-than-expected second-quarter fiscal 2026 results on July 21. Adjusted earnings were $1.62 per share, beating the analyst consensus estimate of $1.55. Revenue increased 21% year over year to $7.07 billion, ahead of the consensus estimate of $6.89 billion.
Price Action:
- Dick’s Sporting fell 2.1% to close at $179.33 on Monday.
- BlackRock shares rose 1.4% to settle at $1,172.61 during the session.
- iShares U.S. Industrials ETF fell 0.3% on Monday.
- Charles Schwab shares rose 1.2% to settle at $113.65 during the session.
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