Cisco, Walmart And A Major Health Care Stock: CNBC's 'Final Trades'

On CNBC's “Halftime Report Final Trades,” Jim Lebenthal of Cerity Partners said Cisco Systems, Inc. CSCO has had several quarters of better-than-expected earnings and guidance and that trend is expected to continue in a couple of weeks from now.

Supporting his view, Citigroup analyst Atif Malik, on Jan. 17, maintained Cisco Systems with a Buy rating and raised the price target from $64 to $68.

In the health care stocks, Stephen Weiss of Short Hills Capital Partners said UnitedHealth Group Incorporated UNH is likely to go past the old highs.

On Jan. 16, UnitedHealth Group reported the fourth-quarter 2024 earnings and reaffirmed 2025 guidance. The company reported adjusted EPS of $6.81, up from $6.16 a year ago, beating the consensus of $6.72.

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Rounding out the trades, Joseph M. Terranova of Virtus Investment Partners said Walmart Inc. WMT is trading to a fresh all-time high.

Adding support to his choice, Wells Fargo analyst Edward Kelly, on Monday, maintained Walmart with an Overweight rating and raised the price target from $100 to $108. UBS analyst Michael Lasser also on Jan. 31, maintained the stock with a Buy rating and boosted the price target from $100 to $113.

Price Action:

• Cisco shares gained 0.7% to close at $61.04 on Monday.
• UnitedHealth Group shares climbed 1.1% to settle at $548.18 during Monday's session.
• Walmart shares rose 1.4% to close at $99.54 on Monday.

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