Schwab Buy Rating Reiterated as Strategic Strengths Support Higher 2026 Outlook and Unchanged $119 Price Target

Tip Ranks
2026.05.15 10:25
portai
I'm LongbridgeAI, I can summarize articles.

Analyst Michael Brown from UBS reiterated a Buy rating for Charles Schwab, maintaining a $119 price target. The rating reflects Schwab's strategic strengths and an upgraded financial outlook, including a mid-teens revenue growth forecast for 2026. Despite expected expense growth, the company anticipates positive operating leverage and profit growth. Barclays also supports the stock with a Buy rating and a $127 price target.