Bryn Talkington defends her decision to stick with Uber amidst market uncertainty
- Bryn Talkington of Requisite Capital Management affirmed her support for Uber Technologies during CNBC's report.
- Workday, Inc. reported quarterly earnings exceeding analysts' expectations on November 26.
- The analysts' discussions underscore a varied outlook on potential investments in the current market environment.
In a recent episode of CNBC's 'Halftime Report Final Trades,' several analysts shared their investment insights, focusing on different companies. Bryn Talkington from Requisite Capital Management expressed her commitment to Uber Technologies, Inc., highlighting the company's potential amid market uncertainties. On the same day, JMP Securities analyst Andrew Boone reiterated a positive outlook on Uber, maintaining a 'Market Outperform' rating and a price target of $95. This shows confidence in the company’s performance moving forward. Meanwhile, other analysts shared their final trades during the segment. Sarat Sethi of DCLA recommended Workday, Inc., which announced strong quarterly earnings that exceeded expectations on Nov. 26. Workday reported earnings of $1.89 per share, surpassing the analyst consensus estimate of $1.76, alongside revenue of $2.16 billion, which also beat the forecast of $2.13 billion and represented an increase from the previous year's $1.87 billion. Shannon Saccocia from NB Private Wealth picked the iShares U.S. Financials ETF, which saw a slight drop of 0.2% in value during the last session. Following that, Joseph M. Terranova of Virtus Investment Partners identified EQT Corporation as his final trade for the day. On Nov. 25, EQT disclosed a significant deal with funds under Blackstone Credit & Insurance, involving the formation of a new midstream joint venture. This deal will allow EQT to receive $3.5 billion in exchange for a non-controlling equity interest in the joint venture, reflecting strategic growth plans for the company. In conclusion, these developments contribute to the ongoing conversation about market trends and analysts' perspectives on various sectors. The insights shared in this CNBC segment reflect a mix of cautious optimism and proactive strategies in investment choices by these financial professionals, exemplifying the complexities and opportunities present in today’s market landscape.