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ServiceNow, Zscaler and a Music Streaming Giant on CNBC’s ‘Final Trades’
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On CNBC’s “Halftime Report Final Trades,” Malcolm Ethridge, managing partner at Capital Area Planning Group, picked Zscaler, Inc. (NASDAQ:ZS).

DA Davidson analyst Rudy Kessinger initiated coverage of Zscaler on Wednesday with a Neutral rating and a price target of $215.

Rob Sechan, CEO of NewEdge Wealth, named ServiceNow, Inc. (NYSE:NOW) as his final trade.

Supporting his choice, Truist Securities analyst Miller Jump on Wednesday maintained ServiceNow with a Buy rating and raised the price target from $130 to $180.

Don’t forget to check out our premarket coverage here

Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, recommended Spotify Technology S.A. (NYSE:SPOT).

Spotify shares rose sharply on Thursday despite the music streaming company missing Wall Street estimates on third-quarter earnings and revenue, as continued growth in premium subscribers and monthly active users lifted investor sentiment.

Spotify reported earnings of $2.85 per share, missing analysts’ consensus estimate of $3.11. Revenue rose 16% year over year to 4.97 billion euros ($5.72 billion), slightly below the consensus estimate of $5.73 billion.

Price Action:

  • Zscaler shares gained 2.8% to close at $237.76 on Thursday.
  • ServiceNow shares rose 2.5% to close at $157.00.
  • Spotify shares jumped 11.1% to settle at $583.66 on Thursday.

Photo via Shutterstock

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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