Morgan Stanley analyst Michael Cyprys lowered the firm’s price target on Charles Schwab (SCHW) to $125 from $135 and keeps an Overweight rating on the shares. The Q1 report “reinforced what we see as an increasingly differentiated earnings / growth story within our Brokers coverage,” the analyst tells investors. After the report, the firm is raising its FY26 and FY27 EPS estimates by 3.6% and 4.7%, respectively, though trimming its price target
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