Charles Schwab shares are trading lower after TD Cowen downgraded the stock from Buy to Hold and lowered its price target from $88 to $71.
Portfolio Pulse from Benzinga Newsdesk
Charles Schwab shares are trading lower after TD Cowen downgraded the stock from Buy to Hold and lowered its price target from $88 to $71.
July 17, 2024 | 2:17 pm
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TD Cowen downgraded Charles Schwab from Buy to Hold and reduced its price target from $88 to $71, causing the stock to trade lower.
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 lead to a short-term decline in Charles Schwab's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100