Truist raised the firm’s price target on Charles Schwab (SCHW) to $90 from $86 and keeps a Buy rating on the shares. The company reported a “strong” set of Q4 results highlighted by higher net interest income, with a smaller benefit from higher trading revenue and slightly lower expenses, the analyst tells investors in a research note. Truist is also raising its FY25 EPS view on Charles Schwab by 20c to $4.00 and its FY26 view by 25c to $5.00.
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