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Stock impact report

Analysts See Upside for Charles Schwab (SCHW) Despite Interest Rate Uncertainty [Yahoo! Finance]

Charles Schwab Corporation (The) (SCHW) 
Last charles schwab corporation (the) earnings: 4/15 08:45 am Check Earnings Report
US:NYSE Investor Relations: aboutschwab.com/investor-relations
Company Research Source: Yahoo! Finance
Cowen made a modest upward revision to its price target on the stock, raising it to $135 from $134 while reiterating a Buy rating. Jonathan Weiss/Shutterstock.com The report highlighted that the firm remains most constructive on Traditional Asset Managers and is emphasizing a more selective approach with a sharper focus on higher-conviction names. That said, TD Cowen continues to maintain exposure to alternative asset managers, with an increasingly tilted portfolio toward strategies better suited to a “higher-for-longer” rate environment. Before TD Cowen, Raymond James analysts reiterated their Buy rating on The Charles Schwab Corporation (NYSE:SCHW) and raised their price target from $110 to $114, according to an investing.com report dated January 5. Based on analysts' estimates, Schwab should be able to withstand net margin pressure from potential Federal Reserve interest rate cuts, given the recent reduction in its high-cost funding exposure and the ability to reinvest maturi Show less Read more
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