TD Cowen Downgrades Charles Schwab to Hold, Lowers Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has downgraded Charles Schwab (NYSE:SCHW) from Buy to Hold and lowered the price target from $88 to $71.
July 17, 2024 | 11:02 am
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TD Cowen analyst Bill Kirk has downgraded Charles Schwab from Buy to Hold and reduced the price target from $88 to $71.
The downgrade from Buy to Hold and the significant reduction in the price target from $88 to $71 by TD Cowen is likely to negatively impact investor sentiment and could lead to a short-term decline in Charles Schwab's stock price.
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