Netflix, Alphabet, Nike And A Consumer Defensive Stock On CNBC's ‘Final Trades'

The article covers CNBC’s “Final Trades” segment, where market participants highlighted Alphabet, Netflix, Nike, and Target as favored names. For Alphabet (GOOG/GOOGL), support came from Morgan Stanley’s June 30 upgrade to Overweight and a higher price target of $415 from $375, reinforcing a constructive outlook on the stock. Netflix was selected after Bank of America reaffirmed a Buy rating, while Nike was backed by a strong quarterly earnings beat, with revenue of $10.97 billion versus $10.86 billion expected and adjusted EPS of 20 cents versus 13 cents expected. Target was also recommended following a Wolfe Research upgrade to Outperform. The piece is primarily a market-commentary/analyst-color roundup, with the most direct market impact centered on Alphabet’s upgraded outlook and the positive earnings and rating signals across the group.