BUZZ — Street View: Charles Schwab's momentum story stays intact despite mixed outlook
* Financial services and brokerage firm Charles Schwab on Thursday missed third-quarter revenue estimates * Co reported Q3 revenue of $7.17 billion, missing analysts' estimate of $7.18 billion - LSEG-compiled data * Median PT of 25 brokerages covering stock is $125.44 - LSEG-compiled data Not A Roadblock * JP Morgan ("overweight," PT: $147) says despite some near-term headwinds and offsets, setup for 2027 remains constructive, with asset sensitivity and improved rate dynamics expected to support further earnings growth * Raymond James ("outperform," PT: $125) says strong account growth and net new asset inflows continue to drive business momentum, while favorable interest-rate environment should support net interest margins * Citizens ("market outperform," PT: $120) says SCHW's record organic growth, stronger revenue mix and expense discipline more than offset slower near-term NIM progression, with further NIM expansion expected over medium term * Deutsche Bank ("buy," PT: $125) says Schwab's near-term outlook for net interest margin (NIM) and revenue growth is mixed, but its longer-term trajectory remains unchanged (Reporting by Kanishka Ajmera in Bengaluru) ((mailto:Kanishka.Ajme
* Financial services and brokerage firm Charles Schwab on Thursday missed third-quarter revenue estimates * Co reported Q3 revenue of $7.17 billion, missing analysts' estimate of $7.18 billion - LSEG-compiled data * Median PT of 25 brokerages covering stock is $125.44 - LSEG-compiled data Not A Roadblock * JP Morgan ("overweight," PT: $147) says despite some near-term headwinds and offsets, setup for 2027 remains constructive, with asset sensitivity and improved rate dynamics expected to support further earnings growth * Raymond James ("outperform," PT: $125) says strong account growth and net new asset inflows continue to drive business momentum, while favorable interest-rate environment should support net interest margins * Citizens ("market outperform," PT: $120) says SCHW's record organic growth, stronger revenue mix and expense discipline more than offset slower near-term NIM progression, with further NIM expansion expected over medium term * Deutsche Bank ("buy," PT: $125) says Schwab's near-term outlook for net interest margin (NIM) and revenue growth is mixed, but its longer-term trajectory remains unchanged (Reporting by Kanishka Ajmera in Bengaluru) ((mailto:Kanishka.Ajmera@thomsonreuters.com)