Charles Schwab Corp. (SCHW) Upgraded to Outperform ar Raymond James
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Charles Schwab (SCHW) shares gain following upgrade by Raymond James
May 15, 2023 11:00 AM EDTRaymond James analyst Patrick O'Shaughnessy provided a boost to Charles Schwab (NYSE: SCHW) shares on Monday after he upgraded the stock to Outperform with a $63 price target in a note.
The stock is currently up 2.88% at over $50 per share, adding to Friday's... More
Midday movers: First Solar, Tesla, Charles Schwab and more
May 12, 2023 2:19 PM EDTInvesting.com -- Stocks were headed for another down week after weaker-than-expected consumer sentiment for May. Here are the market movers for May 12.
First Solar Inc (NASDAQ: FSLR) shares rose 24%... More
Charles Schwab (SCHW) says total client assets were $7.63 trillion as of month-end April
May 12, 2023 8:46 AM EDTThe Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of April 2023 include:
Total net new assets brought to the company by new and existing clients in April 2023 totaled $13.6 billion, while core net new assets equaled negative $2.3 billion. These flows reflect client cash disbursements during tax season.Total client assets were $7.63 trillion as of month-end April, up 5% from April 2022 and up 1% compared to March 2023.Active brokerage accounts reached 34.2 million in April, up 1% from April 2022 and flat compared to March 2023.Commentary from the CFO
Chief Financial... More
