Charles Schwab's Trading Volume Drops 21.28% Ranking 95th Amid Citigroup's Bullish Upgrade

On April 2, 2025, The's trading volume reached 6.95 billion, a 21.28% decrease from the previous day, ranking 95th in the day's stock market activity.

Charles Schwab received a significant boost from Citigroup, which upgraded the company's rating from Neutral to Buy. The new price target was set at $102, up from the previous $85. This upgrade was driven by Citigroup's optimism about the company's improving growth metrics and balance sheet, as well as its strategic shift towards more aggressive growth initiatives.

Citigroup's analyst Christopher Allen highlighted the potential for Charles Schwab to enhance its net new assets story, which contributed to the positive outlook. This upgrade reflects the firm's confidence in the company's ability to capitalize on current market conditions and drive future growth.