Piper Sandler raised its price target on Charles Schwab to $105 from $103.
The brokerage cited improved revenue guidance after Schwab's 2026 Investor Day.
Shares fell 2% despite the upgrade. Management discussed AI's role and cash optimization tools.
The company highlighted momentum in advisor services and workplace opportunities.
Analyst Patrick Moley said: "We are encouraged by FY26 guidance increases."












