Morgan Stanley Lifts PT on The Charles Schwab Corporation (SCHW) to $131 From $117

The Charles Schwab Corporation (NYSE:SCHW) is one of the best stocks to invest in for beginners. On July 29, Morgan Stanley lifted the firm’s price target on The Charles Schwab Corporation (NYSE:SCHW) to $131 from $117 while keeping an Overweight rating on the shares.

Charles Schwab’s (SCHW) Financial Strength Makes It a Dividend Buy in August

A corporate finance professional studying a financial performance chart.

The firm told investors that it raised its fiscal year 2025 and fiscal year 2026 EPS estimates by 5% and 7%, respectively, after Q2 earnings. It attributed this update to several factors, including increased trading revenues, net interest margin expansion, and asset management fees.

The Charles Schwab Corporation (NYSE:SCHW) is a savings and loan holding company that engages in securities brokerage, wealth management, custody, asset management, and financial advisory services. Its operations are divided into Advisor Services and Investor Services segments.

While we acknowledge the potential of SCHW to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SCHW and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.