Shake Shack, Morgan Stanley, Synovus Financial And A Communication Services Stock On CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Joshua Brown of Ritholtz Wealth Management named Shake Shack Inc. SHAK as his final trade.

On Jan. 7, Barclays analyst Jeffrey Bernstein upgraded Shake Shack from Equal-Weight to Overweight and raised the price target from $125 to $159.

Brian Belski of BMO Capital Markets picked Synovus Financial Corp. SNV, a financial stock.

On Jan. 7, Synovus Bank appointed Walt Deriso as CEO and Hamilton Hilsman as president of The Family Office at Synovus.

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Sarat Sethi of DCLA said Comcast Corporation CMCSA has 9 times earnings.

On Jan. 7, Paramount Global PARA and Comcast have reached a deal to renew their distribution agreements, ensuring continued access to a range of premium content for Xfinity customers.

Stephanie Link of Hightower Advisors named Morgan Stanley MS, which is expected to report quarterly earnings on Jan. 16.

Analysts expect the company to report quarterly earnings at $1.67 per share on revenue of $14.99 billion. On Jan. 7, B of A Securities analyst Michael Carrier maintained Morgan Stanley with a Buy and raised the price target from $140 to $146.

Price Action:

• Shake Shack shares slipped 0.02% to close at $132.03 during Tuesday's session.
• Synovus Financial fell 0.7% to settle at $52.42 on Tuesday.
• Comcast shares declined 0.8% to settle at $37.18 on Tuesday.
• Morgan Stanley shares fell 1.4% to close at $126.88.

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