Barclays Maintains Equal-Weight on Charles Schwab, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Budish maintains an Equal-Weight rating on Charles Schwab (NYSE:SCHW) and raises the price target from $55 to $62.
July 13, 2023 | 10:55 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barclays maintains an Equal-Weight rating on Charles Schwab and raises the price target from $55 to $62, which could potentially lead to an increase in the stock's price.
The raised price target by Barclays indicates a positive outlook for Charles Schwab. This could potentially lead to an increase in the stock's price as it suggests that the stock is undervalued at its current price. However, the Equal-Weight rating indicates that the stock is expected to perform in line with the sector or the market, which could limit the potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100