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Charles Schwab price target raised to $128 from $127 at Deutsche Bank

Deutsche Bank raised the firm’s price target on Charles Schwab (SCHW) to $128 from $127 and keeps a Buy rating on the shares following the investor day. The company offered “much more visibility into a variety of strategic priorities and key initiatives designed to advance organic growth,” the analyst tells investors in a research note. The firm Schwab’s financial outlook provides “strong momentum and robust client engagement” to start the year.

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