Barclays Remains Bullish on The Charles Schwab Corporation (SCHW)

Core Insights - The Charles Schwab Corporation (NYSE:SCHW) is highlighted as a strong long-term investment option, with a Buy rating and a price target of $115 set by Barclays analyst Benjamin Budish [1] - The company reported a significant increase in core net new assets, which rose 80% year-over-year to reach $44.4 billion, marking a record for October [1][2] - Total client assets also saw a 20% increase compared to the previous year, totaling $11.83 trillion [2] - New brokerage accounts opened in October increased by 30% year-over-year, reaching 429,000 [2] - Investor engagement accelerated, with average margin loan balances rising 7% from the previous month and daily average trades reaching 8.6 million [3] Company Overview - The Charles Schwab Corporation operates as a savings and loan holding company, providing services in securities brokerage, wealth management, custody, asset management, and financial advisory [3] - The company's operations are segmented into Advisor Services and Investor Services [3]