Argus Cuts Schwab (SCHW) Target after Q1, Sees Continued Growth Ahead

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On April 20, Argus Research lowered its terms proposal connected The Charles Schwab Corporation (NYSE:SCHW) to $108 from $117. It reiterated a Buy standing connected the shares. The update came pursuing the company’s Q1 results past week. Revenue accrued 16%, with maturation coming from astir large segments. Net involvement borderline besides moved higher, and full lawsuit assets reached $11.8T. The steadfast noted that Schwab is inactive positioned to turn faster than its peers implicit the mean term, pointing to its merchandise lineup and dependable marketplace stock gains.

On April 17, Morgan Stanley expert Michael Cyprys lowered the terms people connected Charles Schwab to $125 from $135 and maintained an Overweight rating. The expert said the Q1 study “reinforced what we spot arsenic an progressively differentiated earnings/growth communicative wrong our Brokers coverage.” After the results, the steadfast raised its FY26 and FY27 EPS estimates by 3.6% and 4.7%, respectively, portion trimming the terms target.

The Charles Schwab Corporation (NYSE:SCHW) is simply a savings and indebtedness holding company. Through its subsidiaries, it operates crossed wealthiness management, securities brokerage, banking, plus management, custody, and fiscal advisory services.

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