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JMP Securities: Schwab (SCHW.US) Upgraded to $73 Outperform Price Target

智通财经2023-07-10

Zhitong Finance APP learned that,JMP Securities analyst Devin Ryan willCharles Schwab(SCHW.US) shares were upgraded to Outperform from Flat with a $73 price target.Analysts said recent data showed the company's cash flow stabilized in the last quarter. Analysts believe that cash headwinds are the worst for Schwab, so any signs of stabilization will provide some "relief" for its stock valuation. Analysts also said that its earnings decline has disappeared based on the company's second-quarter guidance.

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  • Junqiang
    ·2023-07-10
    Finally...
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