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Disney, Stifel Financial, Truist Financial And An Industrial Stock: CNBC's 'Final Trades'

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Disney, Stifel Financial, Truist Financial And An Industrial Stock: CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Joshua Brown, CEO of Ritholtz Wealth Management, said 3M Company (NYSE:MMM) looks “incredible.”

Supporting his view, JP Morgan analyst Stephen Tusa maintained 3M with an Overweight rating on May 16 and raised the price target from $140 to $167.

Brian Belski, BMO Capital’s chief investment strategist, named Stifel Financial Corp. (NYSE:SF) as his final trade.

As per recent news, Stifel Financial reported on May 7 that its Board of Directors has declared a cash dividend of 46 cents per share on shares of its common stock.

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Jim Lebenthal of Cerity Partners picked The Walt Disney Company (NYSE:DIS) as his final trade.

Formula 1 and Walt Disney announced a new collaboration with Mickey & Friends on Tuesday that will begin in 2026. Formula 1 chief commercial officer Emily Prazer said the arrangement fits perfectly with Formula 1’s strategy to step outside the world of sport and into a broader consumer market. In return, Formula 1 introduced Disney to its 820 million fans worldwide.

Stephanie Link, CIO at Hightower, said Truist Financial Corporation (NYSE:TFC) is poised to recover.

On the earnings front, Truist Financial posted better-than-expected sales results for the first quarter on April 17.

Price Action:

  • 3M shares gained 0.01% to close at $154.15 on Tuesday.
  • During Tuesday’s session, Stifel Financial fell 1.3% to settle at $97.22.
  • Truist Financial shares fell 1.7% to close at $40.68.
  • Disney shares declined 0.3% to close at $112.36 on Tuesday.

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Photo: Shutterstock

 

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Posted-In: Brian Belski CNBC Halftime Report Final TradesLong Ideas News Markets Media Trading Ideas

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