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Goldman Sachs Resumes Charles Schwab Corp. (SCHW) at Buy

April 9, 2012 7:20 AM EDT
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Price: $71.23 +1.71%

Rating Summary:
    17 Buy, 12 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 19 | Down: 16 | New: 47
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Goldman Sachs resumes coverage on Charles Schwab Corp. (NYSE: SCHW) with a Buy rating and $16.50 price target.

The firm said the company's product diversification and focus on fees creates the "best near-term top-line growth profile in the group amid a still-sluggish trading environment and rate-constrained spread-based fee dynamics."

For an analyst ratings summary and ratings history on Charles Schwab Corp. click here. For more ratings news on Charles Schwab Corp. click here.

Shares of Charles Schwab Corp. closed at $14.25 yesterday.


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