UPDATE: J.P. Morgan Raises Charles Schwab's PT

According to a research report published this morning, J.P. Morgan has increased Charles Schwab's

PT from $14.50 to $15. In the report, J.P. Morgan commented, “Schwab reported in-line 1Q EPS of $0.15 with most metrics very close to consensus estimates. Overall results were largely unsurprising, with a higher-than-expected NIM offsetting the impact of a low trading volume environment. However, Schwab gathered assets in a strong market and benefited from growth in brokerage accounts.” J.P. Morgan maintains its Neutral rating on Charles Schwab, which is currently trading at $14.00.