
E.l.f. Beauty, Amazon, Jefferies Financial And More On CNBC's 'Final Trades'

On CNBC's "Halftime Report Final Trades," analysts discussed several stocks. E.l.f. Beauty reported a 28% surge in sales, with analysts raising its price target to $130 and $145. Amazon is breaking out at $211, with a target of $248. Jefferies Financial is noted for its low valuation, with a target raised to $62. Ventas, a REIT, has a 3% yield and posted strong earnings. Stock performances included Amazon up 2.7%, Jefferies up 2.7%, e.l.f. up 1.6%, and Ventas up 0.5%.
On CNBC's “Halftime Report Final Trades,” Kevin Simpson, CIO of Capital Wealth Planning, said e.l.f. Beauty, Inc. ELF reported a 28% surge in full-year sales, also recording growth for 25 straight quarters.
Supporting his view, Truist Securities analyst Bill Chappell maintained e.l.f. Beauty with a Buy and raised the price target from $125 to $130, while Baird analyst Joel Beatty maintained the stock with an Outperform rating and boosted the price target from $110 to $145 on Friday.
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Joshua Brown, CEO of Ritholtz Wealth Management, said he likes Amazon.com, Inc. AMZN. The stock is breaking out here at $211 and there is no resistance until $240, he added.
Supporting his view, Bank of America Securities analyst Justin Post maintained a Buy rating on Amazon.com with a price target of $248 on Friday.
Rob Sechan, CEO of NewEdge Wealth, said Jefferies Financial Group Inc. JEF has a very low valuation.
Lending support to his choice, Goldman Sachs analyst James Yaro, on May 15, maintained Jefferies Financial with a Buy and raised the price target from $55 to $62.
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Jenny Van Leeuwen Harrington, Chief Executive Officer of Gilman Hill Asset Management, LLC, named Ventas, Inc. VTR, a REIT, as her final trade, which has a 3% yield.
On the earnings front, Ventas, on April 30, posted better-than-expected results for the first quarter.
Price Action:
- Amazon shares gained 2.7% to close at $213.57 on Friday.
- Jefferies Financial rose 2.7% to close at $52.41 on Friday.
- e.l.f. Beauty gained 1.6% to settle at $117.66 during the session.
- Ventas shares rose 0.5% to settle at $63.64.
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