Zinger Key Points
- Uber shares fell 2.2% to settle at $45.91, while CVS Health shares fell 2.7% to close at $74.32 on Thursday.
- Cisco shares gained 1.1% to $53.15, while Pioneer Natural Resources shares added 0.9% to settle at $229.98 on Thursday.
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On CNBC’s "Halftime Report Final Trades," Bill Baruch of Blue Line Futures said Pioneer Natural Resources Company PXD reported a great quarter, with an increase in free cash flow. "I think the stock has higher to go," he added.
Pioneer Natural Resources reported quarterly earnings of $4.55 per share which beat the consensus estimates of $4.12 per share.
Jim Lebenthal of Cerity Partners named Cisco Systems, Inc. CSCO as his final trade.
Exane BNP Paribas analyst Karl Ackerman recently initiated coverage on Cisco Systems with an Underperform rating and announced a price target of $45.
Brenda Vingiello of Sand Hill Global Advisors said CVS Health Corporation CVS is a very defensive health care company.
CVS Health reported better-than-expected second-quarter financial results and issued FY23 guidance.
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Joshua Brown of Ritholtz Wealth Management said he still likes Uber Technologies, Inc. UBER despite the company's reporting worse-than-expected second-quarter revenue results and issued third-quarter guidance.
Price Action: Uber shares fell 2.2% to settle at $45.91, while CVS Health shares fell 2.7% to close at $74.32 on Thursday. Cisco shares gained 1.1% to $53.15, while Pioneer Natural Resources shares added 0.9% to settle at $229.98 on Thursday.
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