Check Out What Whales Are Doing With SCHW
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Charles Schwab (NYSE:SCHW), with 66% of recent trades being bearish. The targeted price range for Charles Schwab over the last 3 months is $47.5 to $65.0. The current price of SCHW is down -2.34% at $62.58. Several financial institutions have maintained their positive ratings on Charles Schwab, with price targets ranging from $70 to $86.
August 14, 2023 | 3:46 pm
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NEGATIVE IMPACT
A significant investor has taken a bearish stance on Charles Schwab. The targeted price range for the stock over the last 3 months is $47.5 to $65.0. The current price is down -2.34% at $62.58. Several financial institutions have maintained their positive ratings on the company.
The bearish stance taken by a significant investor, coupled with the current downward trend in the stock's price, could potentially lead to a short-term decrease in the stock's price. However, the positive ratings maintained by several financial institutions could mitigate this impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100