Core Viewpoint - Citigroup upgraded Charles Schwab Corp from "neutral" to "buy," raising the price target from 102, citing improving growth and balance sheet metrics as the company shifts to offense [1] Group 1: Analyst Ratings and Price Targets - A majority of analysts are bullish on Charles Schwab, with 17 out of 23 firms rating it "buy" or better, and a 12-month consensus price target of 76 level, which has been a significant line of pressure and support over the past few years [2] Group 2: Stock Performance and Volatility - Charles Schwab's stock has been volatile since reaching a two-year high of $84.50 on February 11, but it still shows a 5.7% year-to-date gain [2] Group 3: Options Activity - There has been a notable increase in call options for Charles Schwab, with a 10-day call/put volume ratio of 3.97, ranking higher than 96% of readings from the past year [3]
Charles Schwab Stock Upgraded on Growth Potential