Charles Schwab shares are trading higher on continued strength after the company on Tuesday reported better-than-expected Q2 financial results and issued guidance. Also, multiple firms raised their respective price targets on the stock.
Portfolio Pulse from Benzinga Newsdesk
Charles Schwab's shares are trading higher following the company's better-than-expected Q2 financial results and guidance. Several firms have also raised their price targets on the stock.
July 19, 2023 | 2:20 pm
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POSITIVE IMPACT
Charles Schwab's stock is trading higher due to strong Q2 results and increased price targets from multiple firms.
Charles Schwab's better-than-expected Q2 results and the subsequent increase in price targets by several firms have led to a rise in the company's stock. This positive news directly impacts the company's stock, making it likely to continue its upward trend in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100