Charles Schwab Stock Drops on Downgrade
Morgan Stanley downgraded Charles Schwab Corp (NYSE:SCHW) to "equal weight" from "overweight," and cut its price target to $68 citing an "extended earnings recovery timeline." SCHW is dropping in response, down 4.4% at $52.81 at last check, adding to its 36.4% year-to-date deficit. The security…
#charlesschwabcorp #schw #fivestocks