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 16.09

+0.24 +1.51%
Volume: 448,241
Track OXPS

PFG 25.84

-0.93 -3.47%
Volume: 2,124,174
Track PFG

SCHW 17.64

-0.19 -1.07%
Volume: 13,850,270
Track SCHW

TRAD 7.58

-0.11 -1.43%
Volume: 207,896
Track TRAD


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