Check Out What Whales Are Doing With SCHW
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Charles Schwab (NYSE:SCHW), with 54% of detected trades having bearish expectations. Whales have been targeting a price range of $30 to $70 for SCHW over the last 3 months. Jefferies maintains a Buy rating with a $64 price target, while Morgan Stanley downgraded to Equal-Weight with a $68 price target.
June 23, 2023 | 6:22 pm
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A whale investor has taken a bearish stance on Charles Schwab, with 54% of detected trades having bearish expectations. Analysts have mixed ratings, with Jefferies maintaining a Buy rating and Morgan Stanley downgrading to Equal-Weight.
The bearish stance taken by a whale investor, who typically has significant influence on stock prices, could lead to a short-term negative impact on SCHW's stock price. Additionally, the mixed analyst ratings from Jefferies and Morgan Stanley may create uncertainty among investors.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100