Charles Schwab Stock Rises After Analyst Upgrades and Revised Guidance
Following Charles Schwab's Institutional Investor Day on Thursday, the stock rose nearly 2% on Friday as several analysts upgraded their price targets. The company raised its revenue growth guidance to 14-15%, up from previous estimates of 9.5-10.5%. Analysts at Barclays, Piper Sandler, and TD Cowen all increased their Schwab share price targets.
