Barclays Stays Positive on TD Ameritrade (AMTD) Despite Mixed August Data
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/8/2026
- Wall Street ends lower, off record highs, as Treasury yields climb
- Want to be a stock market bear? BCA says watch potential U.S. tax increases
- SpaceX seeks $40bn in financing for Nvidia chip purchase
- Chip stock could soar nearly 200%, analyst says: "If you don’t buy it, they will"
- Musk rules out TSMC role in Terafab operations; Intel gains
Tweet
Share
E-mailGet Alerts AMTD Hot Sheet
Price: $0.66 -9.59%
Rating Summary:
4 Buy, 18 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 14 | Down: 15 | New: 92
Rating Summary:
4 Buy, 18 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 14 | Down: 15 | New: 92
Join SI Premium – FREE
Barclays maintains an 'Overweight' on TD Ameritrade (NASDAQ: AMTD) price target of $18.00.
Shares of AMTD had been down most of the trading session, but closed up 1%. The stock have moved higher by $1.00 since August 27th, a move of ~6%.
Roger A. Freeman, reviewing AMTD's August trading metrics, said, "softer than expected for the month, but client asset balances moved higher. Trading activity (DARTs) was down 8.7% sequentially, client assets moved higher by 2.6% during the month (presumably helped the increase in the market), and IDA balances finished 1.8% higher for August. We believe that while many of macro headwinds remain in place, we could see some improvement in Sept volumes given the release of some pent-up trading activity from a vacation-impacted August."
For an analyst ratings summary and ratings history on TD Ameritrade click here. For more ratings news on TD Ameritrade click here.
Shares of TD Ameritrade closed at $18.38 yesterday.
Shares of AMTD had been down most of the trading session, but closed up 1%. The stock have moved higher by $1.00 since August 27th, a move of ~6%.
Roger A. Freeman, reviewing AMTD's August trading metrics, said, "softer than expected for the month, but client asset balances moved higher. Trading activity (DARTs) was down 8.7% sequentially, client assets moved higher by 2.6% during the month (presumably helped the increase in the market), and IDA balances finished 1.8% higher for August. We believe that while many of macro headwinds remain in place, we could see some improvement in Sept volumes given the release of some pent-up trading activity from a vacation-impacted August."
For an analyst ratings summary and ratings history on TD Ameritrade click here. For more ratings news on TD Ameritrade click here.
Shares of TD Ameritrade closed at $18.38 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- AMTD IDEA Group Announces ADS Ratio Change
- TGE's L'Officiel Coffee Successful Opening in Macao SAR; and L'Officiel's Singapore and Taiwan Expansion
- PB Fintech Limited (POLICYBZ:IN) PT Lowered to INR1,100 at Nomura/Instinet
Create E-mail Alert Related Categories
Analyst Comments, Retail SalesRelated Entities
BarclaysSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
