SLB, Target, Transocean And A Tech Stock Stock On CNBC’s ‘Final Trades’ - Target (NYSE:TGT), Monolithic P
CNBC’s “Final Trades” highlighted Target (TGT), Monolithic Power Systems (MPWR), SLB (SLB) and Transocean (RIG). Wells Fargo kept TGT at Overweight and raised its price target to $165. MPWR reported Q2 EPS of $6.50 vs $5.87 expected and sales of $980.642M vs $902.496M, plus strong Q3 guidance. SLB and RIG were also featured ahead of earnings; RIG is expected to earn 1 cent/share on $962.88M revenue.
How this was made
The 30-second read
Why it matters
MPWR is the only name with a clear, newly disclosed beat plus strong forward sales guidance, which is typically the most tradable catalyst. TGT’s PT raise is supportive but less time-sensitive than a fresh earnings/guidance print. SLB is mostly a recommendation anchored to already-reported results. RIG is positioned as an earnings setup with consensus expectations and a known after-close date.
Market read
Traders get one strong fundamental catalyst (MPWR beat plus guidance) and three lower-signal items (analyst PT raise, recommendation tied to prior results, and an earnings calendar setup).
What to watch
For RIG, consensus expectations are provided but not the key risk factors (e.g., day-rate trends, contract timing). For SLB, the recommendation references a prior quarter, so the incremental edge may be small.
Background
The piece is a CNBC “Final Trades” style roundup that also includes specific earnings/guidance figures for Monolithic Power and an analyst PT change for Target.
Ticker impact
Target was maintained at Overweight and its price target was raised from $140 to $165 by Wells Fargo on July 30.
Mildly positive bias for the next few sessions, with follow-through dependent on broader tape and subsequent company updates.
The only Target-specific new detail is the PT increase; no fresh earnings, guidance, or corporate action is disclosed in the text.
Monolithic Power reported Q2 EPS of $6.50 vs $5.87 consensus and issued strong Q3 sales guidance.
Potential for further upside or volatility as analysts update models after the guidance.
The article includes both the earnings beat and the presence of strong third-quarter sales guidance, which typically drives near-term repricing.
SLB was recommended by a CIO, citing better-than-expected Q2 results reported July 24.
Low-to-moderate positive drift, mainly as a sentiment reinforcement rather than a new SLB disclosure.
The article does not add new SLB numbers or new guidance beyond referencing the July 24 Q2 beat.
Transocean is highlighted ahead of its Aug. 5 after-close earnings, with consensus at 1 cent EPS on $962.88M revenue.
Neutral into the event unless new expectations shift; volatility likely around the Aug. 5 after-close report.
The article provides consensus expectations and timing, which can guide trade setup, but it does not disclose any new company-specific development.
Market effects
Reinforces near-term investor focus on earnings-driven catalysts in industrial tech (MPWR) and energy services (SLB) while keeping offshore energy (RIG) on an earnings calendar.
Primarily US-listed large/mid-cap equities with no explicit cross-region macro linkage.
Limited; energy services and offshore earnings sensitivity can reflect global demand expectations, but the article provides no new macro or commodity shock.
Counterpoint
Analyst PT changes and “picked” stocks can lag fundamentals; MPWR’s guidance strength may already be partially priced given the large intraday move.
Key entities
- public_companyMonolithic Power Systems, Inc.
Reported Q2 EPS and sales above consensus and issued strong Q3 sales guidance.
- public_companyTarget Corporation
Wells Fargo maintained Overweight and raised the price target from $140 to $165.
- public_companySLB N.V.
Recommended based on better-than-expected Q2 results reported July 24.
- public_companyTransocean Ltd.
Highlighted ahead of Aug. 5 after-close earnings with consensus expectations provided.
