Analyst Michael Cyprys of Morgan Stanley maintained a Hold rating on Charles Schwab (SCHW – Research Report), boosting the price target to $91.00.
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Michael Cyprys’s rating is based on a combination of factors including the recent financial performance of Charles Schwab, which showed some improvements but also highlighted potential seasonal challenges ahead. The company’s earnings per share for the first quarter of 2025 have been raised slightly due to better management of expenses, and there is an increased projection for earnings in 2025 and 2026 based on improved bank deposit account fees and better earning assets.
Despite these positive adjustments, Cyprys maintains a Hold rating, indicating a cautious stance due to potential uncertainties and modest upside. This position reflects a balanced view where the company’s strengths and upward revisions are acknowledged, but the overall impact on the investment thesis is considered to be limited, warranting a neutral recommendation.
In another report released on January 22, Citi also maintained a Hold rating on the stock with a $85.00 price target.
Based on the recent corporate insider activity of 124 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 SCHW in relation to earlier this year.