Charles Schwab (SCHW) Plunges 3.63% Despite Strong Earnings

Generated by AI AgentAinvest Movers Radar
Thursday, Apr 10, 2025 6:33 am ET1min read

The

Corporation's stock experienced a significant drop of 3.63% in pre-market trading on April 10, 2025, reflecting investor concerns and market dynamics.

Jefferies analyst Daniel Fannon maintained a Buy rating on Charles Schwab, setting a price target of $89.00. This positive outlook is supported by the company's strong financial performance and strategic initiatives.

Despite the recent price drop, Charles Schwab continues to receive favorable ratings from analysts. The company has a consensus rating of "Moderate Buy" with a target price of $86.28, indicating confidence in its long-term prospects.

Analysts from JMP Securities also maintain a Market Outperform rating on Charles Schwab, with a target price of $94. This rating reflects the company's robust market position and growth potential.

Charles Schwab's recent earnings call highlighted strong financial performance, with net new assets doubling year-over-year and revenue increasing by 5% to $4.8 billion. The company's adjusted EPS stood at $0.77, demonstrating its ability to generate consistent earnings.

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