TD Cowen raised the firm’s price target on Charles Schwab to $92 from $87 and keeps a Buy rating on the shares. The firm said earnings seem coiled like a spring to expand/grow measurably given combination of peaking client sorting, improving NNA growth, and ongoing pro forma synergies with Ameritrade.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SCHW:
- SCHW Earnings: Charles Schwab’s Q1 Earnings Miss Estimates
- Options Volatility and Implied Earnings Moves Today, April 15, 2024
- Options Volatility and Implied Earnings Moves This Week, April 15 – April 19, 2024
- SCHW Upcoming Earnings Report: What to Expect?
- Charles Schwab price target raised to $78 from $75 at Piper Sandler