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Urban Outfitters, Kinsale Capital And More On CNBC's 'Final Trades'

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Urban Outfitters, Kinsale Capital And More On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Joshua Brown, CEO of Ritholtz Wealth Management, said Kinsale Capital Group, Inc. (NYSE:KNSL) is looking great today and every day.

Supporting his view, Morgan Stanley analyst Bob Huang, on May 19, maintained Kinsale Capital with an Overweight rating and raised the price target from $490 to $525.

Jim Lebenthal of Cerity Partners said Westinghouse Air Brake Technologies Corporation (NYSE:WAB) is a “solid industrial in a solid industrial space.”

Supporting his view, Westinghouse Air Brake, on April 23, reported better-than-expected first-quarter adjusted EPS results and raised its FY25 earnings guidance.

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Shannon Saccocia, chief investment officer of NB Private Wealth, named iShares U.S. Industrials ETF (NYSE:IYJ), saying M&A is probably a catalyst here.

Joseph Terranova, senior managing director of Virtus Investment Partners, picked Urban Outfitters, Inc. (NASDAQ:URBN) as his final trade.

Lending support to his choice, Urban Outfitters, on May 21, reported quarterly earnings of $1.16 per share, which beat the analyst consensus estimate of 82 cents by 41.46%. Quarterly revenue clocked in at $1.33 billion, which beat the Street estimate of $1.28 billion.

Price Action:

  • Kinsale Capital shares gained 2.3% to close at $474.07 on Tuesday.
  • Westinghouse Air Brake Technologies shares rose 2.1% to close at $203.22 on Tuesday.
  • iShares U.S. Industrials ETF rose 1.9% during Tuesday's session.
  • Urban Outfitters shares gained 4.1% to close at $75.26.

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Photo: Shutterstock

 

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Posted-In: Halftime Report Final Trades Jim Lebenthal Joseph TerranovaLong Ideas News Markets Media Trading Ideas

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