Brokerage Charles Schwab's profit falls on weaker interest income
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Charles Schwab Corp. (SCHW) PT Lowered to $66 at BofA Securities
July 17, 2024 5:16 AM EDTBofA Securities analyst Craig Siegenthaler lowered the price target on Charles Schwab Corp. (NYSE: SCHW) to $66.00 (from $72.00) while maintaining a Underperform rating.
The analyst comments "SCHW once again missed on deposit growth which drove supplemental funding higher in the quarter... More
Charles Schwab Corp. (SCHW) PT Lowered to $78 at JPMorgan
July 17, 2024 5:10 AM EDTJPMorgan analyst Kenneth Worthington lowered the price target on Charles Schwab Corp. (NYSE: SCHW) to $78.00 (from $82.00) while maintaining a Overweight rating.
The analyst comments "Schwab reported 2Q24 adj. EPS of $0.73, generally in line with our and Bloomberg consensus expectations, with slightly better net interest income and adj. expenses. While the headline results were largely in line, underlying trends... More
Charles Schwab Corp. (SCHW) PT Lowered to $79 at Deutsche Bank
July 17, 2024 5:06 AM EDTDeutsche Bank analyst Brian Bedell lowered the price target on Charles Schwab Corp. (NYSE: SCHW) to $79.00 (from $84.00) while maintaining a Buy rating.
The analyst comments "Positively, mgmt cited early July trends are showing some signs of normalization in NNA and mgmt reiterated... More
