KD Logo

TD Cowen upgrades Charles Schwab Corp (SCHW) rating to a Buy

In a filing, Charles Schwab Corp revealed its MD, Chief Banking Officer Woolway Paul V unloaded Company’s shares for reported $0.69 million on Mar 24 ’25. In the deal valued at $80.00 per share,8,614 shares were sold. As a result of this transaction, Woolway Paul V now holds 49,204 shares worth roughly $3.85 million.

Then, Schwab-Pomerantz Carolyn sold 24,000 shares, generating $1,814,043 in total proceeds. Upon selling the shares at $75.59, the Director now owns 515,329 shares.

Before that, Craig Jonathan M. sold 23,258 shares. Charles Schwab Corp shares valued at $1,757,986 were divested by the MD, Head of Investor Services at a price of $75.59 per share. As a result of the transaction, Craig Jonathan M. now holds 0 shares, worth roughly $0.0.

TD Cowen upgraded its Charles Schwab Corp [SCHW] rating to a Buy from a a Hold in a research note published on February 18, 2025; the price target was increased to $103 from $88. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in late January from “an Equal weight” to “an Overweight”. Barclays also remained covering SCHW and has increased its forecast on December 09, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Wells Fargo started covering the stock on September 12, 2024. It rated SCHW as “an Equal weight”.

Price Performance Review of SCHW

On Monday, Charles Schwab Corp [NYSE:SCHW] saw its stock jump 0.60% to $78.28. Over the last five days, the stock has lost -2.10%. Charles Schwab Corp shares have risen nearly 5.77% since the year began. Nevertheless, the stocks have risen 8.15% over the past one year. While a 52-week high of $84.50 was reached on 02/11/25, a 52-week low of $61.01 was recorded on 03/10/25. SMA at 50 days reached $79.48, while 200 days put it at $72.92.

Levels Of Support And Resistance For SCHW Stock

The 24-hour chart illustrates a support level at 77.24, which if violated will result in even more drops to 76.20. On the upside, there is a resistance level at 79.05. A further resistance level may holdings at 79.82. The Relative Strength Index (RSI) on the 14-day chart is 50.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 35.62%. Stochastics %K at 72.62% indicates the stock is a holding.

How much short interest is there in Charles Schwab Corp?

A steep rise in short interest was recorded in Charles Schwab Corp stocks on 2025-03-14, dropping by -5.74 million shares to a total of 17.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 22.74 million shares. There was a decline of -33.76%, which implies that there is a negative sentiment for the stock.

Most Popular