• 1
  • 1
  • Favorite

JMP Securities: Upgrade Charles Schwab (SCHW.US) to "Outperform" Target Price of $73

智通财经2023-07-10

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

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

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

Most Discussed

 
 
 
 
 

7x24