Raymond James Raises Charles Schwab (SCHW) PT, Keeps Outperform Rating

The Charles Schwab Corporation (NYSE:SCHW) is one of the 10 Best Financial Stocks on Wall Street’s Radar. On July 18, Raymond James increased its price target for The Charles Schwab Corporation (NYSE:SCHW) from $99 to $103 while keeping an “Outperform.”

This decision came after the company reported its second-quarter 2025 results.

Raymond James Raises Charles Schwab (SCHW) PT, Keeps Outperform Rating

A corporate finance professional studying a financial performance chart.

According to Raymond James, The Charles Schwab Corporation (NYSE:SCHW) is expected to largely pay down its high-cost funding by the end of 2025. This could significantly improve the company’s net interest margin.

The investment firm also pointed out that recent high market volatility is driving trading volumes, which should help offset any possible net interest margin headwinds from Federal Reserve rate cuts later this year.

Raymond James analysts also noted solid growth trends in new assets and accounts at The Charles Schwab Corporation (NYSE:SCHW). Looking ahead, the firm expects to see significant growth in earnings per share for the company in 2025 and 2026.

The Charles Schwab Corporation (NYSE:SCHW) is an American multinational financial services company. It offers a full range of brokerage, banking, and financial advisory services through its operating subsidiaries.

While we acknowledge the potential of SCHW as an investment, 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 a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 10 Best American Semiconductor Stocks to Buy Now and 11 Best Fintech Stocks to Buy Right Now.

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