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Charles Schwab, Allison Transmission, Enphase Energy And A Ride-Hailing Giant At 18-Month High: CNBC's 'Final Trades'

Benzinga ·  Jun 7, 2023 05:01

On CNBC's "Halftime Report Final Trades," Stephanie Link of Hightower said The Charles Schwab Corporation (NYSE:SCHW) trades at 15 times earnings.

Jefferies analyst Daniel Fannon recently maintained Charles Schwab with a Buy and raised the price target from $61 to $64.

Josh Brown of Ritholtz Wealth Management said Uber Technologies, Inc. (NYSE:UBER) is trading at an 18-month high and the stock looks like it's breaking out. "I am long and I am a long-term investor," he added.

Analysts agree, giving UBER a consensus Buy rating according to Benzinga's analyst ratings data.

Wedbush analyst Scott Devitt recently initiated coverage on Uber Technologies with an Outperform rating and announced a price target of $46.

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Rob Sechan of New Edge Capital Group said Allison Transmission Holdings, Inc. (NYSE:ALSN) trades at 8 times P/E with an accelerating double-digit top-and-bottom-line.

Allison Transmission reported better-than-expected first-quarter EPS and sales results.

Brenda Vingiello of Sand Hill Global Advisors named Enphase Energy, Inc. (NASDAQ:ENPH) as her final trade.

Enphase Energy recently announced expanding its distribution partnership with Natec in Europe.

Price Action: Enphase Energy shares fell 0.1% to settle at $182.61, while Allison Transmission shares rose 2.4% to close at $51.26 on Tuesday. Uber shares fell 0.4% to close at $40.25, while Charles Schwab added 0.4% to $54.61 during Tuesday's session.

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