The Charles Schwab Corporation (NYSE:SCHW) is one of the top stocks to buy for the long-term.
On May 15, TD Cowen reiterated a Buy rating on The Charles Schwab Corporation (NYSE:SCHW) and raised the price target to $109 from $108
The research firm also raised its adjusted earnings per share for 2026 and 2027. Jonathan Weiss/ The new $109 price target represents 15 times TD Cowen’s 2027 earnings estimate compared to the previous 16 times. Additionally, the research firm has touted the company’s higher earnings projections, which appear balanced against the lower valuation multiples.
Charles Schwab Corporation released its Monthly Activity Report, which showed that core net new assets totaled $7.2 billion in April, consistent with prior years. Total client assets were up 27% to $12.61 trillion, as New Brokerage accounts opened remained flat at 437,000. On the other hand, average interest-earning assets were up 3% year over year to $444.6 billion in April and up 2% from March 2026.