Morgan Stanley Reiterates Equal-Weight on Charles Schwab, Maintains $68 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Michael Cyprys has reiterated an Equal-Weight rating on Charles Schwab (NYSE:SCHW) and maintained a $68 price target.
June 14, 2023 | 4:59 pm
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NEUTRAL IMPACT
Morgan Stanley analyst maintains Equal-Weight rating and $68 price target on Charles Schwab (NYSE:SCHW).
The news of Morgan Stanley reiterating an Equal-Weight rating on Charles Schwab and maintaining a $68 price target is neutral for the stock. The rating suggests that the analyst believes the stock is fairly valued and does not expect significant price movement in the short term. The importance is relatively high as it comes from a reputable financial institution, but the impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100