Discount broker shares tumble on price war fears
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Charles Schwab Corp. (SCHW) PT Lowered to $48 at Jefferies
February 3, 2017 7:45 AM ESTJefferies lowered its price target on Charles Schwab Corp. (NYSE: SCHW) to $48.00 (from $49.00) while maintaining a Buy rating. Management introduced the 2017 baseline guidance of low double digit revenue growth with a 200-300bp spread over expenses.
Analyst Daniel Fannon commented, "SCHW is... More
