UBS analyst Brennan Hawken on Thursday raised his price target for Charles Schwab Corp. on the financial service firm's growth prospects and untapped cost savings from its acquisition of TD Ameritrade.
Schwab (SCHW) provides disappointing Q2 adjusted earnings and NIM guidance. This turns investors bearish on the stock, which dips 4.6%.
Charles Schwab Corp.'s longtime chief financial officer said Thursday he plans to retire as part of a trio of senior departures after wrapping up a four-year integration of TD Ameritrade.