Daiwa Securities: Maintains "Buy" rating on Charles Schwab Corporation (SCHW.US), Raises target price to $117
According to the Zhitong Finance APP, Morgan Stanley recently significantly raised its target price for Charles Schwab (SCHW.US) from $83 to $117, while maintaining its "overweight" rating on the stock. Charles Schwab is a savings and loan holding company, with business covering securities brokerage, wealth management, asset custody, asset management, and financial advisory services. Its business is divided into two main segments: advisor services and investor services. Some analysts believe that Charles Schwab is currently one of the most worthwhile low-volatility stocks to hold for the long term. Morgan Stanley also added that factors such as interest rates, inflation, and tariffs may still provide support for interest rate levels and credit volumes.
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