CNBC Final Trades: Zscaler, ServiceNow, and Spotify Recommended

On CNBC's "Halftime Report Final Trades," Malcolm Ethridge, managing partner at Capital Area Planning Group, selected Zscaler, Inc.

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

Rob Sechan, CEO of NewEdge Wealth, named ServiceNow, Inc. as his final trade.

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

Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, recommended Spotify Technology S.A.

Despite the music streaming company missing Wall Street expectations on both third-quarter earnings per share and revenue, Spotify shares surged on Thursday, as continued growth in premium subscribers and monthly active users boosted investor sentiment.

Spotify reported EPS of $2.85, below the analyst consensus estimate of $3.11. Revenue grew 16% year-over-year to €4.97 billion, slightly below the consensus estimate of $5.73 billion.

Stock price action:

Zscaler shares rose 2.8% on Thursday, closing at $237.76.

ServiceNow shares gained 2.5%, closing at $157.00.

Spotify shares soared 11.1% on Thursday, closing at $583.66.