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Benzinga
116 days

Goldman Sachs Upgrades Charles Schwab To Buy: 'One Of The Best Earnings Growth Outlooks,' Analyst Says

1. Goldman Sachs upgrades SCHW to Buy with a $100 price target. 2. Earnings per share expected to grow at 25% annually through 2027. 3. Three growth catalysts identified: NII acceleration, capital build, and organic growth. 4. SCHW's valuation is attractive at 17 times next-12-month earnings estimate. 5. Shares remain down 17% from record highs set in early 2022.

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FAQ

Why Very Bullish?

The strong earnings outlook and upgrade by Goldman Sachs indicate significant growth potential. Historically, upgrades like this often lead to price appreciation.

How important is it?

The article discusses major upgrades and growth potential for SCHW, significantly influencing investor sentiment.

Why Long Term?

The outlined growth catalysts and EPS forecast improvements imply sustained price support through 2027.

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