JMP Securities analyst Devin Ryan raised the firm’s price target on Charles Schwab to $77 from $73 and keeps an Outperform rating on the shares. The firm was “pleased” with the Q2 earnings and with management’s commentary from its Business Update around the outlook in 2024 and 2025, the analyst tells investors in a research note. Charles Schwab provided more evidence that cash sorting behavior is in its final innings, the firm says.
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