JMP Securities raised the firm’s price target on Charles Schwab to $80 from $77 and keeps an Outperform rating on the shares. Momentum is still positive for the firm’s Capital Markets & FinTech coverage, but JMP Securities sees less room for error after its revaluation higher, the analyst tells investors in a research note. The firm is most constructive on Charles Schwab for the Retail Brokerages & Wealth Management Investment Banks.
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