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Raymond James Raises Charles Schwab PT, Keeps Outperform Rating

Raymond James Raises Charles Schwab PT, Keeps Outperform Rating

Yahoo8 hours ago
The Charles Schwab Corporation (NYSE:SCHW) is one of the 13 Best Large Cap Stocks to Buy Right Now. On July 8, Raymond James increased its price target for The Charles Schwab Corporation (NYSE:SCHW) from $91 to $99 while keeping an 'Outperform' rating.
The research firm expects The Charles Schwab Corporation (NYSE:SCHW) to mostly pay down its high-cost funding by the end of 2025, which should help improve the company's net interest margin.
A corporate finance professional studying a financial performance chart.
Raymond James also pointed out that the market volatility is currently elevated, which is driving strong trading volumes. This should help offset any net interest margin headwinds from possible Federal Reserve rate cuts in 2025. Raymond James analysts also highlighted improving trends in net new assets and account growth at The Charles Schwab Corporation (NYSE:SCHW).
Looking ahead, the firm sees strong potential for earnings per share growth for The Charles Schwab Corporation (NYSE:SCHW) in 2025 and 2026, with the possibility of gains in the stock's valuation.
The Charles Schwab Corporation (NYSE:SCHW) is an American multinational financial services company that provides a full range of brokerage, banking, and financial advisory services through its operating subsidiaries.
While we acknowledge the potential of SCHW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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Opinion: How the Trump tax cut law will hurt the working class
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