Market Movers rounded up the best reactions from investors and analysts as Charles Schwab ‘s shares jumped to close the trading day up 4% after an upgrade from Raymond James . The experts, including Jim Cramer , discussed the bank stock after the firm hiked its rating on Schwab to outperform from market perform. Raymond James has a price target of $63, on the stock, reflecting upside of roughly 24% from Monday’s close, as Schwab continues to draw in new accounts and assets during this volatile period for financials.
Source: www.cnbc.com