Citigroup Maintains Neutral on Charles Schwab, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Christopher Allen maintains a Neutral rating on Charles Schwab and lowers the price target from $75 to $72.
September 27, 2024 | 6:50 pm
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NEUTRAL IMPACT
Citigroup's analyst Christopher Allen has maintained a Neutral rating on Charles Schwab, while lowering the price target from $75 to $72. This suggests a slightly less optimistic outlook on the stock's potential performance.
The Neutral rating indicates that Citigroup does not expect significant outperformance or underperformance from Charles Schwab. The lowered price target from $75 to $72 suggests a slightly less optimistic view on the stock's future price, which could lead to a neutral or slightly negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100