TD Cowen Upgrades Charles Schwab to Outperform on Positive Cash-Sorting Trend
Friday, 22 March 2024, 12:41
TD Cowen upgrades Charles Schwab to Outperform
TD Cowen has raised the rating of Charles Schwab (SCHW) to 'Outperform', emphasizing a positive shift in the cash-sorting trend and an anticipated increase in net interest margin.
Key Points:
- Positive Trend: Confidence in the peaking of cash-sorting.
- Net Interest Margin: Expectations of an improved margin.
This upgrade reflects a strong endorsement of Charles Schwab's future financial performance amidst evolving market dynamics.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.