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BofA downgrades Schwab by two notches as stock extends slide for second day

By: MarketWatch

January 19, 2023 at 12:06 PM EST

Analyst Craig Siegenthaler cuts rating on Schwab to underperform from buy and slashes price target to $75 from $94 as investors migrate to money-market funds.

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BofA downgrades Schwab by two notches as stock extends slide for second day