Barclays raised the firm’s price target on Charles Schwab (SCHW) to $96 from $95 and keeps an Overweight rating on the shares post the Q4 report. The company’s earnings beat nicely in the quarter, and on the call management laid out very detailed fiscal 2025 guidance that was in line with or ahead of the Street in most places, the analyst tells investors in a research note. The firm continues to see Schwab as “having one of the most compelling, and lowest risk, medium-term” earnings trajectories in the group.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SCHW:
- Charles Schwab upgraded to Overweight from Equal Weight at Wells Fargo
- Charles Schwab price target raised to $105 from $98 at Deutsche Bank
- Charles Schwab price target raised to $85 from $80 at Citi
- Charles Schwab Corp. Reports Robust Financial Growth
- TikTok comes back online in U.S., Schwab reports Q4 beat: Morning Buzz