UPDATE: Compass Point Downgrades The Charles Schwab Corp. to Sell, Reiterates $15 PT on Valuation

By: Benzinga
In a report published Friday, Compass Point analyst Michael Tarkan downgraded his rating on The Charles Schwab Corp. (NYSE: SCHW ) from Neutral to Sell, but reiterated his $15.00 price target. In the report, Tarkan noted, “Our call is primarily driven by valuation, as shares now trade at 20x our
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