Charles Schwab (SCHW) Upgraded on Robust 2026-2027 Profit Outlook

Charles Schwab Corporation (NYSE:SCHW) ranks among the stocks with the best earnings growth for the next 5 years. On October 17, TD Cowen maintained its Buy rating on Charles Schwab Corporation (NYSE:SCHW) and increased its price target from $129 to $134. The company cited to the October 16 release of Charles Schwab’s third-quarter 2025 results as a “favorable pivot point” for the stock.

According to the firm, Charles Schwab Corporation (NYSE:SCHW) is expected to target the high end of an adjusted Tier 1 leverage ratio of 6.75% to 7%, with a projected return on tangible common equity (ROTCE) of 38% for 2026 projections and 40% for 2027 estimates.

TD Cowen calls Charles Schwab Corporation (NYSE:SCHW) “defensive and offensive,” claiming that the company has “enough balance sheet levers to offset further rate cuts.” The firm added that the stock remains one of its top picks.

The Charles Schwab Corporation (NYSE:SCHW), together with its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services in the U.S. and abroad.

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