B of A Securities Maintains Underperform on Charles Schwab, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Craig Siegenthaler maintains an Underperform rating on Charles Schwab and lowers the price target from $63 to $61.
October 16, 2024 | 5:08 pm
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NEGATIVE IMPACT
B of A Securities has maintained an Underperform rating on Charles Schwab and reduced the price target from $63 to $61, indicating a bearish outlook.
The Underperform rating suggests that the analyst expects Charles Schwab to underperform relative to the market. The reduction in the price target from $63 to $61 further indicates a negative outlook, which could lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100