Morgan Stanley Lifts PT on The Charles Schwab Corporation (SCHW) to $117, Keeps Overweight Rating
A corporate finance professional studying a financial performance chart.
The firm told investors that it has become increasingly selective as the market goes into the Q2 earnings season. It also added that it still sees scope for interest rates, inflation, and tariffs to support rates and credit volumes.
The Charles Schwab Corporation (NYSE:SCHW) is a savings and loan holding company that engages in securities brokerage, wealth management, custody, asset management, and financial advisory services. Its operations are divided into Advisor Services and Investor Services segments.
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: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Insider
an hour ago
- Business Insider
RBC Capital Reaffirms Their Buy Rating on Moody's (MCO)
RBC Capital analyst Ashish Sabadra maintained a Buy rating on Moody's on July 23 and set a price target of $550.00. The company's shares closed yesterday at $513.09. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Sabadra is a 5-star analyst with an average return of 6.1% and a 63.03% success rate. Sabadra covers the Industrials sector, focusing on stocks such as APi Group, Equifax, and Automatic Data Processing. In addition to RBC Capital, Moody's also received a Buy from Robert W. Baird's Jeffrey Meuler in a report issued yesterday. However, on the same day, BMO Capital maintained a Hold rating on Moody's (NYSE: MCO).


Business Insider
an hour ago
- Business Insider
RBC Capital Sticks to Its Hold Rating for Prosperity Bancshares (PB)
RBC Capital analyst Jon Arfstrom maintained a Hold rating on Prosperity Bancshares on July 23 and set a price target of $78.00. The company's shares closed yesterday at $67.59. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Arfstrom is a 5-star analyst with an average return of 11.9% and a 56.35% success rate. Arfstrom covers the Financial sector, focusing on stocks such as Comerica, BankUnited, and First Horizon. In addition to RBC Capital, Prosperity Bancshares also received a Hold from Barclays's Jared Shaw in a report issued on July 23. However, yesterday, KBW maintained a Buy rating on Prosperity Bancshares (NYSE: PB). PB market cap is currently $6.63B and has a P/E ratio of 12.67. Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PB in relation to earlier this year. Earlier this month, Ned Holmes, a Director at PB sold 600.00 shares for a total of $43,188.10.


Business Insider
an hour ago
- Business Insider
RBC Capital Remains a Buy on AT&T (T)
In a report released yesterday, Jonathan Atkin from RBC Capital maintained a Buy rating on AT&T, with a price target of $31.00. The company's shares closed yesterday at $27.92. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Atkin is a 5-star analyst with an average return of 11.4% and a 68.94% success rate. Atkin covers the Real Estate sector, focusing on stocks such as American Tower, Crown Castle, and SBA Communications. In addition to RBC Capital, AT&T also received a Buy from Barclays's Kannan Venkateshwar in a report issued yesterday. However, on the same day, Evercore ISI maintained a Hold rating on AT&T (NYSE: T). Based on AT&T's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $30.63 billion and a net profit of $4.35 billion. In comparison, last year the company earned a revenue of $30.03 billion and had a net profit of $3.45 billion Based on the recent corporate insider activity of 134 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of T in relation to earlier this year. Last month, Sabrina S Sanders, the SVP-ChiefActngOfcr&Controller of T sold 1,500.00 shares for a total of $41,340.00.