Schwab Drops Despite Analyst's Buy Rating
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Charles Schwabs stock took a dip after Truist Securities analyst David Smith lowered his price target, despite maintaining a buy rating and raising earnings estimates. Smith predicts short-term volatility but a recovery in the second half of the year, with non-GAAP net income projected to reach $5.95 per share in 2026 and $7.30 in 2027.
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