Charles Schwab Corporation (NYSE:SCHW) is powering ahead with accelerated earnings growth and increased capital returns, impressing analysts and raising price targets. The company reported better-than-expected third-quarter results on Thursday.Here are some key analyst takeaways:Goldman Sachs analyst Alexander Blostein reiterated a Buy rating, while raising the price target from $110 to $114.Keefe, Bruyette & Woods analyst Kyle Voigt maintained an Outperform rating, while lifting the price target from $109 to $111.Check out other analyst stock ratings.Goldman Sachs: Charles Schwab's NII growth continued to accelerate in the quarter, coming in 3% higher than Street estimates, Blostein said in the note.The third-quarter results were supported by a significant increase in securities lending revenues, which is unlikely to recur, the analyst stated. He added, however, that ...Full story available on Benzinga.com
Charles Schwab's Earnings Surge Marks Start Of Multi-Year Growth Run
