Reported about 20 hours ago
Charles Schwab Corporation (SCHW) has seen its price target raised by KBW from $108 to $102 after the company reported better-than-expected second-quarter earnings of $1.14 per share and a record revenue of $5.85 billion, reflecting a 25% year-over-year growth. The adjustment is attributed to higher revenues and trading activity, along with an optimistic outlook for 2025, projecting a 19% revenue increase and earnings per share of $2.60.
Source: YAHOO