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 53% of investors opening trades with bearish expectations. The whales have been targeting a price range from $40.0 to $65.0 for Charles Schwab over the last 3 months. Barclays and Raymond James have maintained their Equal-Weight and Outperform ratings on Charles Schwab, respectively, with price targets of $64 and $72.
September 20, 2023 | 7:18 pm
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Bearish stance taken by a significant investor on Charles Schwab. Barclays and Raymond James maintain their ratings with price targets of $64 and $72.
The bearish stance taken by a significant investor, along with the fact that 53% of investors are opening trades with bearish expectations, could potentially lead to a decrease in the stock price of Charles Schwab in the short term. However, the maintained ratings and price targets by Barclays and Raymond James could provide some stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100