Morgan Stanley Lifts PT on The Charles Schwab Corporation (SCHW) to $117, Keeps Overweight Rating

The Charles Schwab Corporation (NYSE:SCHW) is one of the best long term low volatility stocks to buy now. On July 15, Morgan Stanley raised the firm’s price target on The Charles Schwab Corporation (NYSE:SCHW) to $117 from $83 while keeping an Overweight rating on the shares.

The firm told investors that it has become increasingly selective as the market goes into the Q2 earnings season. It also added that it still sees scope for interest rates, inflation, and tariffs to support rates and credit volumes.

The Charles Schwab Corporation (NYSE:SCHW) is a savings and loan holding company that engages in securities brokerage, wealth management, custody, asset management, and financial advisory services. Its operations are divided into Advisor Services and Investor Services segments.

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Disclosure: None. This article is originally published at Insider Monkey.