Raymond James Upgrades Schwab (SCHW), optionsXpress (OXPS), Principal Financial (PFG), TradeStation (TRAD) to Outperform

May 19, 2009 11:28 AM EDT

Raymond James has upgraded several stocks within the Investment Services group this morning, each from Market Perform to Outperform:

  • Charles Schwab (Nasdaq: SCHW)
  • optionsXpress (Nasdaq: OXPS)
  • Principal Financial (NYSE: PFG)
  • TradeStation (Nasdaq: TRAD)
The market reaction is mixed: shares of Schwab are up just 0.06% to $18.01, optionsXpress is up 3.2% to $16.89, PFG is up 1.9% and TradeStation shares are down about 0.8% to $7.57.


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Upgrades

Stocks Mentioned

OXPS 15.30

+0.00 +0.00%
Volume: 545,950
Track OXPS

PFG 25.41

+0.02 +0.08%
Volume: 2,556,118
Track PFG

SCHW 18.05

-0.28 -1.53%
Volume: 13,465,805
Track SCHW

TRAD 7.29

-0.07 -0.95%
Volume: 297,301
Track TRAD


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