Charles Schwab (SCHW) Raises Quarterly Dividend 16.7% to $0.07; 1% Yield

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Jefferies Raises Price Target on Charles Schwab (SCHW) Following a 1Q Review

April 25, 2016 9:30 AM EDT

Jefferies maintained a Buy rating on Charles Schwab Corp. (NYSE: SCHW), and raised the price target to $36.00 (from $33.00), following a 1Q review. Following the company's business update, Jefferies raised estimates for FY2016 by $0.04 to $1.28 driven by B/S growth, as well as improvements to... More