Jefferies Initiates Coverage On Brokerages
Jefferies started coverage of several brokerages over the weekend. Price targets indicated upside in each company covered, however Charles Schwab stands out with a Buy rating.
Prices of all three brokerages are unchanged in Monday’s pre-market.
- TD Ameritrade (NYSE: AMTD) - Hold, $34 price target
- E*Trade (NASDAQ: ETFC) - Hold, $24 price target
- Charles Schwab (NYSE: SCHW) - Buy, $35
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