Charles Schwab Corp. Stock Price Increases Amid Analyst Upgrades
Charles Schwab Corp. has experienced a rise in its stock price over the past few days, following analyst upgrades. Key developments include:
- Morgan Stanley increased its price target to $131
- Truist Securities raised its target to $112
This upward trend aligns with the overall performance of the financial sector. Notably, the S&P 500 experienced a slight decline on Thursday, but still recorded a gain for the week.
The company’s strong presence in the financial sector, particularly in the United States, is likely contributing to the positive sentiment surrounding its stock.