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Fly News Breaks for February 6, 2018
ETFC, AMTD, SCHW
Feb 6, 2018 | 12:14 EDT
Wells Fargo analyst Christopher Harris says it appears Charles Schwab (SCHW) is not making any material pricing changes. The analyst believes this development is very bullish for TD Ameritrade (AMTD) and E-Trade (ETFC). There is an overhang on the stocks of both companies likely due to fears about incremental price cuts by Charles Schwab, he contends. Harris has an Outperform rating on both TD Ameritrade and E-Trade.
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