Charles Schwab upgraded to Outperform from Neutral at Credit Suisse

Credit Suisse upgraded Charles Schwab to Outperform from Neutral with a price target of $67.50, down from $81.50. The analyst sees "attractive upside" the firm’s revised sum-of-the-parts valuation of $67.50 per share. While client sorting will persist, such risks seem manageable and seemingly close to peaking based on current forward curves, the analyst tells investors in a research note.